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Brown Cafe UPS Forum
UPS Union Issues
August 2023 vacation
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<blockquote data-quote="Thebrownblob" data-source="post: 5420576" data-attributes="member: 60485"><p>You’re talking about a contract and about health insurance and pension issues they are not quite the same your entitlements are good for life. That is what the bail out was pretty much all about because if the fund had gone completely bankrupt the government was going to step in anyway. And even though UPS paid a large amount of money to withdraw from central states they are still deep in liability even now. And that will carry-on even if they had no more union or were bought by another Company.</p></blockquote><p></p>
[QUOTE="Thebrownblob, post: 5420576, member: 60485"] You’re talking about a contract and about health insurance and pension issues they are not quite the same your entitlements are good for life. That is what the bail out was pretty much all about because if the fund had gone completely bankrupt the government was going to step in anyway. And even though UPS paid a large amount of money to withdraw from central states they are still deep in liability even now. And that will carry-on even if they had no more union or were bought by another Company. [/QUOTE]
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