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Brown Cafe UPS Forum
UPS Union Issues
Free Cash flow 5.4 billion
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<blockquote data-quote="TechGrrl" data-source="post: 1087321" data-attributes="member: 4932"><p>If I were us, I would be more worried about the effect that $3 Billion charge for mark-to-market on pension funding has on the bean counter thinking in Atlanta. The SEC is forcing companies to do that to demonstrate what their pension liabilities are. Since it hits the way earnings LOOK, expect a push to ditch our pensions by selling them to an insurance company that would provide annuities instead. Go google what happened to Verizon and GM pensions.</p></blockquote><p></p>
[QUOTE="TechGrrl, post: 1087321, member: 4932"] If I were us, I would be more worried about the effect that $3 Billion charge for mark-to-market on pension funding has on the bean counter thinking in Atlanta. The SEC is forcing companies to do that to demonstrate what their pension liabilities are. Since it hits the way earnings LOOK, expect a push to ditch our pensions by selling them to an insurance company that would provide annuities instead. Go google what happened to Verizon and GM pensions. [/QUOTE]
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