UPS Agreement With Teamsters Allows Pension Shift

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 1, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Agreement With Teamsters Allows Pension Shift - Bloomberg

    United Parcel Service Inc.'s five-year tentative contract agreement with the Teamsters will allow it to pay $6.1 billion to gain greater control of some pensions and will provide pay and benefit increases for workers.
     
  2. chevyman

    chevyman Member

    Cheryl, does that mean if this contract passes and you will retire say in five years , will your check come from the new fund or will you get a check from CS for those years and one from the new plan for those years? Thanks