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Brown Cafe UPS Forum
UPS Retirement Topics
Central States Future
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<blockquote data-quote="BigBrownBlues" data-source="post: 253451"><p>I stand corrected on this. The outcome is the same however(70% funded). I was lead to believe by management that UPS would be taking care of its CS workers if CS eventually had to cut payouts. It is now clear from the contract wording they will not. We will be relying on the failing CS pension for the amount we have earned up until now. I don't blame UPS for wanting out, but I thought they would try to take care of their own.</p></blockquote><p></p>
[QUOTE="BigBrownBlues, post: 253451"] I stand corrected on this. The outcome is the same however(70% funded). I was lead to believe by management that UPS would be taking care of its CS workers if CS eventually had to cut payouts. It is now clear from the contract wording they will not. We will be relying on the failing CS pension for the amount we have earned up until now. I don't blame UPS for wanting out, but I thought they would try to take care of their own. [/QUOTE]
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