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Brown Cafe UPS Forum
UPS Retirement Topics
UPS, Teamsters considering joint pension plan
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<blockquote data-quote="705red" data-source="post: 198097" data-attributes="member: 5229"><p>Cs pension is screwed and im not sure how to fix it. But im also aware that if we go to a single employer fund theres a potential for another serious pension crisis down the road. Your right that we and other teamsters are picking up the slack for out of business companies that closed, and that we have more members drawing than paying. But what happens under ups's plan when more members are drawing then paying, where can we turn for our pension then? Or what happens if ups one day decides to get rid of small package? Just questions no one can see into the future.</p></blockquote><p></p>
[QUOTE="705red, post: 198097, member: 5229"] Cs pension is screwed and im not sure how to fix it. But im also aware that if we go to a single employer fund theres a potential for another serious pension crisis down the road. Your right that we and other teamsters are picking up the slack for out of business companies that closed, and that we have more members drawing than paying. But what happens under ups's plan when more members are drawing then paying, where can we turn for our pension then? Or what happens if ups one day decides to get rid of small package? Just questions no one can see into the future. [/QUOTE]
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UPS, Teamsters considering joint pension plan
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