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Brown Cafe UPS Forum
UPS Union Issues
Central States Pension Fund cuts
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<blockquote data-quote="rod" data-source="post: 1881903" data-attributes="member: 5382"><p>Since I've been gone for over 2 weeks and don't feel like reading the 17,908 post that have been posted since I was last here I just want to say my love letter from the Union was waiting for me when I got home today. Its kind of a slap in the face when you read it in black and white. Mine reads "Under Central States' proposed pension rescue plan, effective July 1,2016, your monthly benefit is proposed to be reduced from $3,000.00 to $1,500.00." So much for all the rumors about it being cut only a third or not at all for UPS employees. If its like any other big cut forced down labors throat in the last 25 years it will soon be followed by an announcement that all the major players in the Union will be getting big time raises.</p></blockquote><p></p>
[QUOTE="rod, post: 1881903, member: 5382"] Since I've been gone for over 2 weeks and don't feel like reading the 17,908 post that have been posted since I was last here I just want to say my love letter from the Union was waiting for me when I got home today. Its kind of a slap in the face when you read it in black and white. Mine reads "Under Central States' proposed pension rescue plan, effective July 1,2016, your monthly benefit is proposed to be reduced from $3,000.00 to $1,500.00." So much for all the rumors about it being cut only a third or not at all for UPS employees. If its like any other big cut forced down labors throat in the last 25 years it will soon be followed by an announcement that all the major players in the Union will be getting big time raises. [/QUOTE]
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