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Brown Cafe UPS Forum
UPS Union Issues
Yet another pension collapse under H. This one at local 707.
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<blockquote data-quote="35years" data-source="post: 2123378" data-attributes="member: 60822"><p><strong>This decreased UPS's minimum contribution by $444,415,385 for 2014 alone.</strong></p><p></p><p>The pension was underfunded by 1 Billion, $444,415,385 (444 Million) would have been UPS's minimum contribution. But the rules have changed and 78% funded = 100% funded. I wrote Trillion by mistake, sorry.</p></blockquote><p></p>
[QUOTE="35years, post: 2123378, member: 60822"] [B]This decreased UPS's minimum contribution by $444,415,385 for 2014 alone.[/B] The pension was underfunded by 1 Billion, $444,415,385 (444 Million) would have been UPS's minimum contribution. But the rules have changed and 78% funded = 100% funded. I wrote Trillion by mistake, sorry. [/QUOTE]
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Brown Cafe UPS Forum
UPS Union Issues
Yet another pension collapse under H. This one at local 707.
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