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Brown Cafe UPS Forum
UPS Union Issues
15% PENSION CUT COMING SOON
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 2787369" data-attributes="member: 12570"><p>Multiemployer plans depend upon the continued participation of and financial payments from all of their employers. When an employer either drops out or decides to stop paying it is then up to the other employers to pick up their slack.</p><p></p><p>UPS is responsible for 76% of our fund. They pay $16/hr in to the fund and we (upsers) receive only $9/hr in benefits.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 2787369, member: 12570"] Multiemployer plans depend upon the continued participation of and financial payments from all of their employers. When an employer either drops out or decides to stop paying it is then up to the other employers to pick up their slack. UPS is responsible for 76% of our fund. They pay $16/hr in to the fund and we (upsers) receive only $9/hr in benefits. [/QUOTE]
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15% PENSION CUT COMING SOON
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