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Brown Cafe UPS Forum
UPS Union Issues
ABF and Yellow's Intent to Leave IBT multiemployer plans
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<blockquote data-quote="mittam" data-source="post: 204233" data-attributes="member: 1223"><p>Red it is my understanding that an employer pulling out of a multi-employer pension fund such as the CS plan those employers are still responsible for the current retirees. This is until they pass away and there would no longer be a pension in their name of course if on a spouse plan then until the spouse passes. So yes if UPS or Yellow or whoevedr pulls out the retiree is still paying for their pension.</p></blockquote><p></p>
[QUOTE="mittam, post: 204233, member: 1223"] Red it is my understanding that an employer pulling out of a multi-employer pension fund such as the CS plan those employers are still responsible for the current retirees. This is until they pass away and there would no longer be a pension in their name of course if on a spouse plan then until the spouse passes. So yes if UPS or Yellow or whoevedr pulls out the retiree is still paying for their pension. [/QUOTE]
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ABF and Yellow's Intent to Leave IBT multiemployer plans
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