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<blockquote data-quote="browned out" data-source="post: 3634986" data-attributes="member: 8105"><a href="http://www.pionline.com/article/20160428/ONLINE/160429859/ups-faces-up-to-38-billion-charge-if-central-states-benefit-reductions-approved" target="_blank">PIOnline : Subscription Center</a>UPS has already tried to wiggle out of this.&nbsp; If you have any time in the Central States, your central states portion is not safe.&nbsp;&nbsp; Vote NO.A “backstop agreement” in that CBA stated that in the event “at some point in the future if Central States ever lawfully cut benefits to that group, UPS would provide a supplemental retiree benefit,” UPS spokesman Steve Gaut said in a telephone interview.&nbsp;&nbsp; As a result of that backstop agreement now, we are potentially liable for a future payment to those (UPS) employees that are retirees that are eligible, associated with what that benefit cut turns out to be,” Mr. Gaut said..</blockquote>

[QUOTE="browned out, post: 3634986, member: 8105"] [URL='http://www.pionline.com/article/20160428/ONLINE/160429859/ups-faces-up-to-38-billion-charge-if-central-states-benefit-reductions-approved']PIOnline : Subscription Center[/URL] UPS has already tried to wiggle out of this. If you have any time in the Central States, your central states portion is not safe. Vote NO. A “backstop agreement” in that CBA stated that in the event “at some point in the future if Central States ever lawfully cut benefits to that group, UPS would provide a supplemental retiree benefit,” UPS spokesman Steve Gaut said in a telephone interview. [B]As a result of that backstop agreement now, we are potentially liable for a future payment to those (UPS) employees [/B]that are retirees that are eligible, associated with what that benefit cut turns out to be,” Mr. Gaut said. . [/QUOTE]

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