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I want to personally thank CEO David for rewarding his hourlies
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<blockquote data-quote="DELACROIX" data-source="post: 3624663" data-attributes="member: 49065"><p>They had to eliminate payments into the UPS Retirement Plan in order to pay for the potential default of the Central States plan, makes sense with the timetable of 2018-2023 the duration of this contract. Do not worry your pension benefits are protected by ERISA laws so any management with over 5 years in will get something out of it at age 65. The higher paid management and consultants will still be well getting a fat retirement, the ground troops with less than 20 years in, no so. They will provide a match 401K and I hope they will still provide free health and welfare benefits, have you heard anything about that? You sound bitter...get over it.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 3624663, member: 49065"] They had to eliminate payments into the UPS Retirement Plan in order to pay for the potential default of the Central States plan, makes sense with the timetable of 2018-2023 the duration of this contract. Do not worry your pension benefits are protected by ERISA laws so any management with over 5 years in will get something out of it at age 65. The higher paid management and consultants will still be well getting a fat retirement, the ground troops with less than 20 years in, no so. They will provide a match 401K and I hope they will still provide free health and welfare benefits, have you heard anything about that? You sound bitter...get over it. [/QUOTE]
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I want to personally thank CEO David for rewarding his hourlies
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