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Brown Cafe UPS Forum
UPS Retirement Topics
Dreaded Pension Funding Level Letter
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<blockquote data-quote="1989" data-source="post: 733299" data-attributes="member: 10280"><p>The central states got initially a ten year lump sum contribution for those 44,000 upsers that were withdrawn and have 44,000 less liabilities for it. You can't keep throwing good money at bad money. Just how long has CS had to clean up their books? Looks like it was a good move for UPS but a better move for UPS employees. Has congress looked into their books lately?</p></blockquote><p></p>
[QUOTE="1989, post: 733299, member: 10280"] The central states got initially a ten year lump sum contribution for those 44,000 upsers that were withdrawn and have 44,000 less liabilities for it. You can't keep throwing good money at bad money. Just how long has CS had to clean up their books? Looks like it was a good move for UPS but a better move for UPS employees. Has congress looked into their books lately? [/QUOTE]
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