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Brown Cafe UPS Forum
UPS Union Issues
Cost Of Living Raise
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<blockquote data-quote="DELACROIX" data-source="post: 4847043" data-attributes="member: 49065"><p>Here is another point of view about this bail out. Maybe just maybe the Feds had some blame for these underfunded pension plans, labor laws have always favored corporations and companies for example the Feds provided an out for all those freight companies to declare bankruptcy and to restructure in the Central. UPS always had control over he part timers pension funding, when they were gutting full time jobs back in the day and replacing them with three part timers they knew they were eliminating further funding for the Central.</p><p></p><p>There is plenty of blame to go around...</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 4847043, member: 49065"] Here is another point of view about this bail out. Maybe just maybe the Feds had some blame for these underfunded pension plans, labor laws have always favored corporations and companies for example the Feds provided an out for all those freight companies to declare bankruptcy and to restructure in the Central. UPS always had control over he part timers pension funding, when they were gutting full time jobs back in the day and replacing them with three part timers they knew they were eliminating further funding for the Central. There is plenty of blame to go around... [/QUOTE]
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