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Brown Cafe UPS Forum
UPS Union Issues
UPS Teamsters keeping their next two Wage increases
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<blockquote data-quote="Inthegame" data-source="post: 2364789" data-attributes="member: 37112"><p>Because Big Jim's Trucking didn't make all their pension obligation payments if they quit contributing and went out of business. They also didn't pay their withdrawal liability.</p><p> </p><p>One can't assume all of Big Jim's employees are retired when Big Jim quit business. If any of Big Jim's employees are not retired at closing time, the withdrawal liability kicks in but Big Jim is fly fishing in Canada and not making his required contributions and sticking it to the remaining participating employers. Exactly what Hostess did.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 2364789, member: 37112"] Because Big Jim's Trucking didn't make all their pension obligation payments if they quit contributing and went out of business. They also didn't pay their withdrawal liability. One can't assume all of Big Jim's employees are retired when Big Jim quit business. If any of Big Jim's employees are not retired at closing time, the withdrawal liability kicks in but Big Jim is fly fishing in Canada and not making his required contributions and sticking it to the remaining participating employers. Exactly what Hostess did. [/QUOTE]
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UPS Teamsters keeping their next two Wage increases
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