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Brown Cafe UPS Forum
UPS Union Issues
Another example of Central States mismanagement
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<blockquote data-quote="tieguy" data-source="post: 216784" data-attributes="member: 1912"><p><strong>Re: DisOrganized Crime</strong></p><p></p><p></p><p> </p><p><span style="color: blue">Thanks Jon for at leat trying to answer the question. So in this case if the mob was good for collecting interest free loans in the past then Red a viable answer might be that you now have some type of oversight or control of the loans. Regular audits by independent auditors might be another answer. What safeguards are in place. Engineer 79 does bring up what appears to be a legitimate concern. Whats going out as admin charges and why is the bill so high. How does that bill compare to other plans etc. Unfortunately the trust your pension trustees option did not work so I do think the members have to educate theirselves to know that the admin charges are legit and to know that there are strong controls in place to keep the mob or dishonest administrators in check. </span></p></blockquote><p></p>
[QUOTE="tieguy, post: 216784, member: 1912"] [b]Re: DisOrganized Crime[/b] [COLOR=blue]Thanks Jon for at leat trying to answer the question. So in this case if the mob was good for collecting interest free loans in the past then Red a viable answer might be that you now have some type of oversight or control of the loans. Regular audits by independent auditors might be another answer. What safeguards are in place. Engineer 79 does bring up what appears to be a legitimate concern. Whats going out as admin charges and why is the bill so high. How does that bill compare to other plans etc. Unfortunately the trust your pension trustees option did not work so I do think the members have to educate theirselves to know that the admin charges are legit and to know that there are strong controls in place to keep the mob or dishonest administrators in check. [/COLOR] [/QUOTE]
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Another example of Central States mismanagement
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