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UPS, Teamsters to Restructure New England Pension Plan
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<blockquote data-quote="oldupsman" data-source="post: 1016401" data-attributes="member: 42268"><p>Well of course they're going to use that in contract talks next year. So what? Then the choice is yours. Do you want more money now or more money later? </p><p>Yes UPS makes a boatload of money. But the pot of gold is not unlimited.What is the downside to having UPS involved in the pension fund?</p><p>Do I want them in full control of it? Of course not. But how have the Teamsters done managing our pension funds?</p><p>The joint 401k system has worked just fine. Why can't the same be done with the pension?</p></blockquote><p></p>
[QUOTE="oldupsman, post: 1016401, member: 42268"] Well of course they're going to use that in contract talks next year. So what? Then the choice is yours. Do you want more money now or more money later? Yes UPS makes a boatload of money. But the pot of gold is not unlimited.What is the downside to having UPS involved in the pension fund? Do I want them in full control of it? Of course not. But how have the Teamsters done managing our pension funds? The joint 401k system has worked just fine. Why can't the same be done with the pension? [/QUOTE]
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UPS, Teamsters to Restructure New England Pension Plan
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