UPS buying out former employees pensions?

Discussion in 'Life After Brown' started by penndutch, Sep 14, 2016.

  1. penndutch

    penndutch New Member

    I am a former UPS employee and got a letter in the mail from a company that is handling the updating of addresses of former UPS employees. I called the number and spoke to the customer service person and he said that UPS was working on some things to buy out former employees of UPS and there pensions. Is this true?
     
  2. Doesn't pass the smell test
     
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  3. olroadbeech

    olroadbeech Happy Verified UPSer

    . are you in the west? did you google the number to make sure it wasn't a scam?
     
  4. penndutch

    penndutch New Member

    No I'm from Minnesota and no I did not Google the number I did call the guy back but apparently they're updating the system to make sure the addresses they have on hand are current 4 pension information.
     
  5. olroadbeech

    olroadbeech Happy Verified UPSer

    If this happened out here I would call the Teamsters Benefit Trust , a number that I know is good and ask them. you should call your pension trust administrator to see if this is legit.

    we get emails all the time from ebay, paypal, amazon , and others to update info which is a scam to get personal info. I know you got a letter but I would check with people and numbers you know before I gave out any personal info especially over the phone.

    we got a letter asking if any of our info has CHANGED like mailing address, phone number etc and was told to ignore the letter if everything was the same. also asked if I had worked during the past year and needed to list places of employment if applicable.
     
  6. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    What was your position at UPS when you left?
     
  7. I don't get it Chappy. Someone poses a serious question, then leaves ten minutes later.


    Plus they took the time to make an account.

    Go figure??
     
  8. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    They have a life?
     
  9. If I had a serious question that I really was hoping for an answer, I would stick around for more than 10 minutes.


    Crazy, I know!!
     
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  10. penndutch

    penndutch New Member

    I was a package car driver and vacation coverage in feeders when I left.
     
  11. penndutch

    penndutch New Member

    To answer your question, I had to leave I had things to do and I'll get back to the questions I have when I have time.
     
  12. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    OK so one more question.
    Were you under the Central States pension plan?

    I think people can help you more clearly with those 2 questions answered.
     
  13. Well excuse me.

    Good luck getting scammed.


    Thanks for playing

    Buh bye
     
  14. Happy ex UPSer

    Happy ex UPSer New Member

    image.jpeg image.jpeg
    I received the same letter weeks ago and got a card in the mail today...Very UPS official...Said that I will be getting an offer in the mail, early October. I was a sales person for 13 years. I think all ex employees will be getting the buyout offer.
     
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  15. burrheadd

    burrheadd Superstar

    Did the caller have a Nigerian accent
     
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  16. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    Wall St analysts take away points based on obligated future debt so UPS is trying to get rid of as much future obligated debt as possible.
     
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  17. MyTripisCut

    MyTripisCut Well-Known Member

    Better watch out! They might start whackin former sups.....
     
  18. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    Or more likely, Central States Retirees.
     
  19. rod

    rod retired and happy

    If there is any truth to the buy out rumor I wonder what they would offer?


    Probably a slap in the face like a thousand dollars--- like the old contract bonuses they used to give that most everyone fell for.