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Brown Cafe UPS Forum
UPS Retirement Topics
Combined service pension???????
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<blockquote data-quote="BrownBlackandBlue" data-source="post: 141882" data-attributes="member: 6940"><p>As I recall in the strike shorted season, the company was offering to count p/t years as friend/t years of service towards the 30 and out, as part of their bid to take over the pension. Then the union said they would do the same thing to take the issue off the table. The benefit was assumed to be there until the pension crashed, at least in the central states. (Although the union could not have afforded to do it anyway and it was an empty promise). The union had been able to promise anything they want with the pensions without regard for whether they can afford it or not, which has contributed to the whole pension mess.</p></blockquote><p></p>
[QUOTE="BrownBlackandBlue, post: 141882, member: 6940"] As I recall in the strike shorted season, the company was offering to count p/t years as friend/t years of service towards the 30 and out, as part of their bid to take over the pension. Then the union said they would do the same thing to take the issue off the table. The benefit was assumed to be there until the pension crashed, at least in the central states. (Although the union could not have afforded to do it anyway and it was an empty promise). The union had been able to promise anything they want with the pensions without regard for whether they can afford it or not, which has contributed to the whole pension mess. [/QUOTE]
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Combined service pension???????
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