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Brown Cafe UPS Forum
UPS Union Issues
Exposing the Local 25 supplement
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<blockquote data-quote="Gimme Danger" data-source="post: 3683175" data-attributes="member: 61557"><p>My little understanding is that the fund does an actuarial study of each bargaining unit to determine what contribution rate supports the desired (or existing) accrual rate. My guess is that the big jump to $11.15/hr after a10 year freeze is needed to maintain the benefit. Keep in mind the $2.1 billion being paid off over a period of time, which helps with funding.</p></blockquote><p></p>
[QUOTE="Gimme Danger, post: 3683175, member: 61557"] My little understanding is that the fund does an actuarial study of each bargaining unit to determine what contribution rate supports the desired (or existing) accrual rate. My guess is that the big jump to $11.15/hr after a10 year freeze is needed to maintain the benefit. Keep in mind the $2.1 billion being paid off over a period of time, which helps with funding. [/QUOTE]
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Exposing the Local 25 supplement
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