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Brown Cafe UPS Forum
UPS Union Issues
Central States pension plan will drag every other pension fund down
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<blockquote data-quote="badpas" data-source="post: 191964" data-attributes="member: 8876"><p>Yes I've seen and this is just another good example of how the IBT has sent our hard earned retirement down the crapper. But what hopefully most people relize is that UPS will not give up anymore money without a long and otherwise financailly draining court battle which will result in only one way. And that is CS will cut our pensions again, probably more substantially, blame it on the company who already puts in enough for us that we should all be living the good life when we retire {and laughing because this shouldn't be happening to us} and we will stuck with this for at least 10 years probably more but hey we can't collect until we are 62 or 65 so they should plenty of time to fix this right? Where's that coolaid again!</p></blockquote><p></p>
[QUOTE="badpas, post: 191964, member: 8876"] Yes I've seen and this is just another good example of how the IBT has sent our hard earned retirement down the crapper. But what hopefully most people relize is that UPS will not give up anymore money without a long and otherwise financailly draining court battle which will result in only one way. And that is CS will cut our pensions again, probably more substantially, blame it on the company who already puts in enough for us that we should all be living the good life when we retire {and laughing because this shouldn't be happening to us} and we will stuck with this for at least 10 years probably more but hey we can't collect until we are 62 or 65 so they should plenty of time to fix this right? Where's that coolaid again! [/QUOTE]
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Central States pension plan will drag every other pension fund down
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