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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="navigator" data-source="post: 2832198" data-attributes="member: 1298"><p>Central States letter 4/27/17</p><p>Notice of Critical and Declining Status. Same as last year.</p><p>2016 Funding. Pension fund has just 42.1% of assets need to fund our current and pending pension obligations.</p><p>Plan is projected to be insolvent in 2025.</p><p>The PGC's maximum guarantee, therefore, is $ 35.75 per month times a participants years of service.</p></blockquote><p></p>
[QUOTE="navigator, post: 2832198, member: 1298"] Central States letter 4/27/17 Notice of Critical and Declining Status. Same as last year. 2016 Funding. Pension fund has just 42.1% of assets need to fund our current and pending pension obligations. Plan is projected to be insolvent in 2025. The PGC's maximum guarantee, therefore, is $ 35.75 per month times a participants years of service. [/QUOTE]
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UPS Union Issues
Anyone in the 177 get the Critical pension level status letter?
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