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Brown Cafe UPS Forum
UPS Union Issues
Central States going broke---
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<blockquote data-quote="DELACROIX" data-source="post: 4776795" data-attributes="member: 49065"><p>I am presuming that your part timers are under the company controlled “UPS Pension Plan”. </p><p></p><p>With the next contract expect the Company to negotiate out of that plan and offer a 401k plan just for the part timers. They could sweeten the pot by providing better benefit levels for past part time hours/service for most of us full timers.</p><p></p><p>The Company wants out of all their defined pensions plans, it is getting too expensive to maintain and insure them.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 4776795, member: 49065"] I am presuming that your part timers are under the company controlled “UPS Pension Plan”. With the next contract expect the Company to negotiate out of that plan and offer a 401k plan just for the part timers. They could sweeten the pot by providing better benefit levels for past part time hours/service for most of us full timers. The Company wants out of all their defined pensions plans, it is getting too expensive to maintain and insure them. [/QUOTE]
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