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Brown Cafe UPS Forum
UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="705red" data-source="post: 235256" data-attributes="member: 5229"><p>Area thanks for giving us this breaking news. Im sure alot of us here had no idea that we received health benefits free of charge from ups. You have 20plus years in and you didnt know that ups pays for these health benefits? You asked where do the teamsters put the money ups gives them on our behalf, are you implying more wrong doing? Because we all know you prove all of your accusations against others on here, yeah right! We have an idea on the process, pension payments go to the pension invetsors and the health benefit monies go to the medical carrier(bcbs, aetna, hmo). But im sure you will deny this is where the monies go and again will have no solid proof of it, only your biased opinion.</p></blockquote><p></p>
[QUOTE="705red, post: 235256, member: 5229"] Area thanks for giving us this breaking news. Im sure alot of us here had no idea that we received health benefits free of charge from ups. You have 20plus years in and you didnt know that ups pays for these health benefits? You asked where do the teamsters put the money ups gives them on our behalf, are you implying more wrong doing? Because we all know you prove all of your accusations against others on here, yeah right! We have an idea on the process, pension payments go to the pension invetsors and the health benefit monies go to the medical carrier(bcbs, aetna, hmo). But im sure you will deny this is where the monies go and again will have no solid proof of it, only your biased opinion. [/QUOTE]
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Is Central States pension fund ready to go under?
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