Be aware of new hybrid 401k/Pension IOU
some1else
Banned
Interesting they are combining the worse aspects of a 401 and the worst parts of a pension into one. No portability, no choice, no defined benefit
Jackburton
Gone Fish'n
Nothing burger. We, as union employees don’t get a match. This article is about the match portion of 401k’s.
some1else
Banned
Lots of union employees lost their defined benefit pension for a 401k match. It’s absolutely worth keeping an eye on.
burrheadd
KING Of GIFS
Which union employees lost their pensions?
Jackburton
Gone Fish'n
exactly
Jackburton
Gone Fish'n
Wrong, you have no idea what you’re talking about.
some1else
Banned
burrheadd
KING Of GIFS
Aren’t we talking about upsers do you know anybody that works for ups that is UAW member
I think you’re on the wrong forum
Try UAWcafe
SMH
some1else
Banned
Ah you’re one of those “the center manager isn’t that bad he hasn’t fire me yet so he is ok” types.
This is definitely an interesting read, but I don’t think it belongs in the UPS discussions board.
It doesn’t affect anyone at UPS, and I haven’t heard UPS suggest anything like this…
Over70irregs
Well-Known Member
I can see where you could take that assessment. My thought is we have to be aware of possible changes and innovations, especially when it occurs in the Pension realm. Pension is basically the only thing that is differentiating us between the masses. Without the Pension, we are just Amazon, FedEx, etc. etc. In addition, we have a leadership that follows these boards. I know this because I was in the union office rooms and saw them following these websites. By staying ahead of the game and the curve we can stave off attacks on the very foundation for which we continue our employment.This is definitely an interesting read, but I don’t think it belongs in the UPS discussions board.
It doesn’t affect anyone at UPS, and I haven’t heard UPS suggest anything like this…
Over70irregs
Well-Known Member
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