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UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
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<blockquote data-quote="wildgoose" data-source="post: 197614" data-attributes="member: 5428"><p>Looks like Central States dropped the ball when it comes to responsibility eh Braveheart ? If UPS were to pay the 4 billion to buy out Central States where would that money go and ABF saying the same ? They would have many a less receipients to pay for in the future ? yes. Making it more solid. They might have to restructure but they`re going to have to do it one way or another if it goes below the 40% funding and Fred Gregare says the fund is beyond repair at its present state ! New England fund is ahead of us in lack of performance to and if you look at My2cents funding list, the rest have lackluster funding too ? Not a pretty site for sure. Now the teamsters have set up the company with the Edge when it comes to nogotiotiations with this egg hanging over their head ! They have a compromised position (broken leg) going into battle. It really makes me wonder most of the time what they are doing ?</p></blockquote><p></p>
[QUOTE="wildgoose, post: 197614, member: 5428"] Looks like Central States dropped the ball when it comes to responsibility eh Braveheart ? If UPS were to pay the 4 billion to buy out Central States where would that money go and ABF saying the same ? They would have many a less receipients to pay for in the future ? yes. Making it more solid. They might have to restructure but they`re going to have to do it one way or another if it goes below the 40% funding and Fred Gregare says the fund is beyond repair at its present state ! New England fund is ahead of us in lack of performance to and if you look at My2cents funding list, the rest have lackluster funding too ? Not a pretty site for sure. Now the teamsters have set up the company with the Edge when it comes to nogotiotiations with this egg hanging over their head ! They have a compromised position (broken leg) going into battle. It really makes me wonder most of the time what they are doing ? [/QUOTE]
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UPS offer on the Table for takeover of Central States fund !
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