Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
UPS subsidizing non ups pensions
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Holdemhook68" data-source="post: 971023" data-attributes="member: 41496"><p>Wow, articulate, educated.......great stuff, but where is your math? If you take the amount of monies UPS puts in the plan for UPS people and the 600 million they put in anualy, after 30 years a fulltime vested package driver should draw between 6,000 and 6,500 a month with minumun cost of health care. That was calculated by an independant company that did the figuring for Chrysler. This company came up with those figures when the pension fund became dangerously low about 6 years ago and a portion of our health care monies where redirected into the pension fund. Those funds have yet to be returned. UPS pays to dollar per employee into the fund. Mathematicaly the return is far less than the investment......please excuse all gramatical/spelling errors. ROLL TIDE!!!!!!!!!!!!!!!</p></blockquote><p></p>
[QUOTE="Holdemhook68, post: 971023, member: 41496"] Wow, articulate, educated.......great stuff, but where is your math? If you take the amount of monies UPS puts in the plan for UPS people and the 600 million they put in anualy, after 30 years a fulltime vested package driver should draw between 6,000 and 6,500 a month with minumun cost of health care. That was calculated by an independant company that did the figuring for Chrysler. This company came up with those figures when the pension fund became dangerously low about 6 years ago and a portion of our health care monies where redirected into the pension fund. Those funds have yet to be returned. UPS pays to dollar per employee into the fund. Mathematicaly the return is far less than the investment......please excuse all gramatical/spelling errors. ROLL TIDE!!!!!!!!!!!!!!! [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
UPS subsidizing non ups pensions
Top