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Brown Cafe UPS Forum
UPS Union Issues
Anyone in the 177 get the Critical pension level status letter?
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<blockquote data-quote="ManInBrown" data-source="post: 2825501" data-attributes="member: 46614"><p>What exactly does this letter mean in English? Now is our pension failing like all the rest of them? From what I could ascertain from the letter it says beginning this year (2017) the pension is in critical status. So we gave deferred raises, and the pension is still failing? What's to stop all these locals from just jumping on the failing pension bandwagon? This is ridiculous IMO.</p><p></p><p> If I remember correctly the raises for the current contract weren't even deferred, we gave half back for the pension, and it's now failing. SMDH</p></blockquote><p></p>
[QUOTE="ManInBrown, post: 2825501, member: 46614"] What exactly does this letter mean in English? Now is our pension failing like all the rest of them? From what I could ascertain from the letter it says beginning this year (2017) the pension is in critical status. So we gave deferred raises, and the pension is still failing? What's to stop all these locals from just jumping on the failing pension bandwagon? This is ridiculous IMO. If I remember correctly the raises for the current contract weren't even deferred, we gave half back for the pension, and it's now failing. SMDH [/QUOTE]
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Anyone in the 177 get the Critical pension level status letter?
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