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Brown Cafe UPS Forum
UPS Union Issues
Think it thru....Pension Takeover
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<blockquote data-quote="Fullhouse" data-source="post: 245930" data-attributes="member: 9653"><p>Ok guys this a rumor! So don't brow beat me to bad! I've heard that the amount of $5 Billion was reached, all full timers will be under UPS pension and the H/W will stay with CS. Here is where the rumor gets interesting. All friend/Ters with 20 or less years in CS will be credited all years served under UPS pension plan. All Full timers 21+ years under CS will not be credited. This means that under 20 years will get one check from UPS and 21+ years will receive two checks, one from CS and one from UPS for the remaining years of service. Remember this is just a rumor and I'm wondering if anyone else has heard this?</p><p><img src="/community/styles/default/xenforo/smilies/group1/confused1.gif" class="smilie" loading="lazy" alt=":confused:" title="Confused :confused:" data-shortname=":confused:" />1</p></blockquote><p></p>
[QUOTE="Fullhouse, post: 245930, member: 9653"] Ok guys this a rumor! So don't brow beat me to bad! I've heard that the amount of $5 Billion was reached, all full timers will be under UPS pension and the H/W will stay with CS. Here is where the rumor gets interesting. All friend/Ters with 20 or less years in CS will be credited all years served under UPS pension plan. All Full timers 21+ years under CS will not be credited. This means that under 20 years will get one check from UPS and 21+ years will receive two checks, one from CS and one from UPS for the remaining years of service. Remember this is just a rumor and I'm wondering if anyone else has heard this? :confused1 [/QUOTE]
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Think it thru....Pension Takeover
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