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Brown Cafe UPS Forum
UPS Union Issues
HOFFA , HALL AND OBRIEN campaign announcement
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<blockquote data-quote="Inthegame" data-source="post: 1599513" data-attributes="member: 37112"><p>UPS leaving just prior to the meltdown was incredibly bad timing. The 6 bl + withdrawal liability payment was wiped away by the market and what had been a green zone certification reverted to red and left the CS fund without their largest contributor. Trying to recover those losses without UPS contributions has proven impossible even as the CS Plan has exceeded their assumption ROI rates. Had UPS not left, CS would still be solvent and viable <em>for the moment</em>.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1599513, member: 37112"] UPS leaving just prior to the meltdown was incredibly bad timing. The 6 bl + withdrawal liability payment was wiped away by the market and what had been a green zone certification reverted to red and left the CS fund without their largest contributor. Trying to recover those losses without UPS contributions has proven impossible even as the CS Plan has exceeded their assumption ROI rates. Had UPS not left, CS would still be solvent and viable [I]for the moment[/I]. [/QUOTE]
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