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Brown Cafe UPS Forum
UPS Retirement Topics
What are you guys hearing about the pension held by central states
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<blockquote data-quote="kenco80233" data-source="post: 1100956" data-attributes="member: 7860"><p>February 26, 2013: The Hoffa administration has signed on to a joint employer-union proposal to allow "deeply troubled" pension funds to slash accrued benefits, even for Teamsters who have already retired.</p><p></p><p></p><p>This proposal, which could be aimed squarely at the Teamster Central States Fund, comes from the National Coordinating Committee for Multiemployer Plans, a committee of employers, unions and pension plans.</p><p></p><p></p><p>UPS is a prominent member of the group, which also includes several pension funds, employer groups, and some unions.</p></blockquote><p></p>
[QUOTE="kenco80233, post: 1100956, member: 7860"] February 26, 2013: The Hoffa administration has signed on to a joint employer-union proposal to allow "deeply troubled" pension funds to slash accrued benefits, even for Teamsters who have already retired. This proposal, which could be aimed squarely at the Teamster Central States Fund, comes from the National Coordinating Committee for Multiemployer Plans, a committee of employers, unions and pension plans. UPS is a prominent member of the group, which also includes several pension funds, employer groups, and some unions. [/QUOTE]
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What are you guys hearing about the pension held by central states
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