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UPS Discussions
UPS debt?
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<blockquote data-quote="JonFrum" data-source="post: 852492" data-attributes="member: 18044"><p>According to UPS at the time (2008), the $6.1B paid to Central States would be offset by a $2.3B reduction in income taxes. The remaining expense would be minimal in 2009, and by 2010 and beyond, the move would actually make UPS money(!!!) because the new pension plan would be so much less expensive. So any Central States debt should be ancient history by now.</p><p></p><p>Remember these UPS charts??? . . .</p></blockquote><p></p>
[QUOTE="JonFrum, post: 852492, member: 18044"] According to UPS at the time (2008), the $6.1B paid to Central States would be offset by a $2.3B reduction in income taxes. The remaining expense would be minimal in 2009, and by 2010 and beyond, the move would actually make UPS money(!!!) because the new pension plan would be so much less expensive. So any Central States debt should be ancient history by now. Remember these UPS charts??? . . . [/QUOTE]
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