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Brown Cafe UPS Forum
UPS Union Issues
Greg Kerwoods Contract Review
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<blockquote data-quote="Bubblehead" data-source="post: 5674130" data-attributes="member: 14176"><p>This is a ridiculous notion in my mind.</p><p></p><p>How can the Company be responsible for additional pension contributions for an employee past their separation date....and why would they ever agree to that?</p><p></p><p>Times of accelerated inflation typically coincide with many other downward metrics within the economy, meaning the Company likely won't be as profitable then either during those time-frames.</p><p></p><p>To expect UPS to embrace any unknown and unpredictable continuing liability after you leave the company is ludicrous.</p><p></p><p>So make as much money as you can while you are there, support all measures to increase your defined benefit at retirement and save as much as you need to supplement any gaps that you have created in your lifestyle and enjoy your retirement.</p><p></p><p>....and divorce the notion that the Company or Union owes you anything further.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 5674130, member: 14176"] This is a ridiculous notion in my mind. How can the Company be responsible for additional pension contributions for an employee past their separation date....and why would they ever agree to that? Times of accelerated inflation typically coincide with many other downward metrics within the economy, meaning the Company likely won't be as profitable then either during those time-frames. To expect UPS to embrace any unknown and unpredictable continuing liability after you leave the company is ludicrous. So make as much money as you can while you are there, support all measures to increase your defined benefit at retirement and save as much as you need to supplement any gaps that you have created in your lifestyle and enjoy your retirement. ....and divorce the notion that the Company or Union owes you anything further. [/QUOTE]
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