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Brown Cafe UPS Forum
UPS Union Issues
Another example of Central States mismanagement
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<blockquote data-quote="705red" data-source="post: 214121" data-attributes="member: 5229"><p>Area very well said! Im not for people staying in the cs, however i am concerned over if ups controlls it as a single employer. I would be more interested in seeing a multiple employer like was in a previous thread, yellow, abf and ups that i could consider. Ups does not do anything without benefiting themselves over the long haul, and i have been trying to think what some of the reasons could be ans truthfully some of them are pretty scarey.</p><p> </p><p>We have to find a fix, and if ups, yellow andabf buy out the retirees should be ok seeing the fund will be maxed out basically. But what happens to 15, 20, 25, and 30 year upsers where will those pensions get paid from? Cs or will ups allow them to come into the newly created fund, and will it be prorated for all years of service or just what you have acrued since the formation of the new fund? That all has to play in our minds. Overall a great point of view minus the leech remarks, great post!</p></blockquote><p></p>
[QUOTE="705red, post: 214121, member: 5229"] Area very well said! Im not for people staying in the cs, however i am concerned over if ups controlls it as a single employer. I would be more interested in seeing a multiple employer like was in a previous thread, yellow, abf and ups that i could consider. Ups does not do anything without benefiting themselves over the long haul, and i have been trying to think what some of the reasons could be ans truthfully some of them are pretty scarey. We have to find a fix, and if ups, yellow andabf buy out the retirees should be ok seeing the fund will be maxed out basically. But what happens to 15, 20, 25, and 30 year upsers where will those pensions get paid from? Cs or will ups allow them to come into the newly created fund, and will it be prorated for all years of service or just what you have acrued since the formation of the new fund? That all has to play in our minds. Overall a great point of view minus the leech remarks, great post! [/QUOTE]
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Another example of Central States mismanagement
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