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Brown Cafe UPS Forum
UPS Retirement Topics
local 804 pension problems
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<blockquote data-quote="psstdrvr" data-source="post: 142400" data-attributes="member: 1500"><p>Has anyone heard more detailed info regarding the 30% cut in pension benefits because of the so called under funded pension fund? We are hearing it is taking affect 1/1/2007. You will keep the benefits you currently earned, however after 1/1/2007 all future retirement benefits will be cut by 30%. Our building found out about this last thursday and the union has yet to give us any detailed info.... Amazing!!!!</p><p>Great work Howie, maybe you should call Ron Carey and learn how to take control for a change.</p></blockquote><p></p>
[QUOTE="psstdrvr, post: 142400, member: 1500"] Has anyone heard more detailed info regarding the 30% cut in pension benefits because of the so called under funded pension fund? We are hearing it is taking affect 1/1/2007. You will keep the benefits you currently earned, however after 1/1/2007 all future retirement benefits will be cut by 30%. Our building found out about this last thursday and the union has yet to give us any detailed info.... Amazing!!!! Great work Howie, maybe you should call Ron Carey and learn how to take control for a change. [/QUOTE]
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