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Brown Cafe UPS Forum
UPS Union Issues
This is the creative solution?
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<blockquote data-quote="PiedmontSteward" data-source="post: 1118028" data-attributes="member: 42270"><p>The company plans - especially for retirees and potential retirees - show too much debt on the books, according to the company. The current liability stands at $2.2 billion and that's expected to double over the next 5-10 years. </p><p></p><p>The 30/60/90 proposal also included diluted benefits that would only cover roughly 80% of what is covered now.</p><p></p><p>There are quite a few people on BrownCafe in Teamster plans and they have excellent health insurance. The FT'ers in my area are in a Teamster plan and have benefits equal with mine as a PT'er in a company plan.</p></blockquote><p></p>
[QUOTE="PiedmontSteward, post: 1118028, member: 42270"] The company plans - especially for retirees and potential retirees - show too much debt on the books, according to the company. The current liability stands at $2.2 billion and that's expected to double over the next 5-10 years. The 30/60/90 proposal also included diluted benefits that would only cover roughly 80% of what is covered now. There are quite a few people on BrownCafe in Teamster plans and they have excellent health insurance. The FT'ers in my area are in a Teamster plan and have benefits equal with mine as a PT'er in a company plan. [/QUOTE]
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