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Brown Cafe UPS Forum
UPS Retirement Topics
Courts pension fund decision for United Airlines
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<blockquote data-quote="brett636" data-source="post: 53665"><p>I think its more likely the pension funds themselves will go under before UPS has a chance to withdraw. Although I do feel for the poor folks in the airline industry, as United Airline's competitors have already said that letting them shed their pension liability would give them an extra competitive edge. I see other airlines following suit, and more airline employees losing out big time. </p><p> </p><p>I'm just hoping it doesn't become a trend with the rest of corporate America.</p></blockquote><p></p>
[QUOTE="brett636, post: 53665"] I think its more likely the pension funds themselves will go under before UPS has a chance to withdraw. Although I do feel for the poor folks in the airline industry, as United Airline's competitors have already said that letting them shed their pension liability would give them an extra competitive edge. I see other airlines following suit, and more airline employees losing out big time. I'm just hoping it doesn't become a trend with the rest of corporate America. [/QUOTE]
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Courts pension fund decision for United Airlines
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