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Brown Cafe UPS Forum
UPS Union Issues
Comparison: Last, Best & Final to Pre-strike proposals
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<blockquote data-quote="PobreCarlos" data-source="post: 1024430" data-attributes="member: 16651"><p>coldworld;</p><p></p><p>Not sure it you can derive a number that answers your question from it or not, but you might want to calculate what $6 BILLION (which is what I understand UPS eventually paid to withdraw from Central States) divided by the number of UPS CSPF participants then. It's a heck of a large sum, any way you look at it. Now I'm not about to claim that, if UPS had "saved" all of that money, it would have necessarily totally been devoted to its Teamster pensioners....but, if even a significant fraction of it was, it could very well have made a significant difference in the monthly payout they received.</p><p></p><p>Now, however, that's money flushed down the toilet...never to be seen by UPS Teamsters again.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 1024430, member: 16651"] coldworld; Not sure it you can derive a number that answers your question from it or not, but you might want to calculate what $6 BILLION (which is what I understand UPS eventually paid to withdraw from Central States) divided by the number of UPS CSPF participants then. It's a heck of a large sum, any way you look at it. Now I'm not about to claim that, if UPS had "saved" all of that money, it would have necessarily totally been devoted to its Teamster pensioners....but, if even a significant fraction of it was, it could very well have made a significant difference in the monthly payout they received. Now, however, that's money flushed down the toilet...never to be seen by UPS Teamsters again. [/QUOTE]
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Comparison: Last, Best & Final to Pre-strike proposals
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