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Brown Cafe UPS Forum
UPS Retirement Topics
Contract support for retired ups drivers
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<blockquote data-quote="705red" data-source="post: 204318" data-attributes="member: 5229"><p>Tx what happens to us if we go to a single employer fund? Lets say if ups eliminates small package? Files bankruptcy? Or even cuts back on the business where we have more drawing then paying? Where will our monthly payments come from? The answer is we wont receive that check! Lets attempt to keep a positive outlook on the procedings but look at all the options before making a informed decision. Also something this serious (pension) should be a seperate vote from the p-timers (seeing it doesnt involve them and they could swing the vote one way or the other)!</p></blockquote><p></p>
[QUOTE="705red, post: 204318, member: 5229"] Tx what happens to us if we go to a single employer fund? Lets say if ups eliminates small package? Files bankruptcy? Or even cuts back on the business where we have more drawing then paying? Where will our monthly payments come from? The answer is we wont receive that check! Lets attempt to keep a positive outlook on the procedings but look at all the options before making a informed decision. Also something this serious (pension) should be a seperate vote from the p-timers (seeing it doesnt involve them and they could swing the vote one way or the other)! [/QUOTE]
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