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Brown Cafe UPS Forum
UPS Retirement Topics
local 804 pension problems
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<blockquote data-quote="Bill" data-source="post: 144950" data-attributes="member: 5483"><p>In response to your question "who do you trust to have control of your future", the answer is a no-brainer. The Teamsters have been controlling our pension money for a long time and have done a poor job. They had their chance to do the right thing, but have failed miserably. It is time to go in a new direction. Although the APWA does not have a track record as of yet, it is common sense that if all the UPS pension money goes only to UPS employees, we will have a fully funded pension plan because we are not giving away 60% of our money to other companies.</p></blockquote><p></p>
[QUOTE="Bill, post: 144950, member: 5483"] In response to your question "who do you trust to have control of your future", the answer is a no-brainer. The Teamsters have been controlling our pension money for a long time and have done a poor job. They had their chance to do the right thing, but have failed miserably. It is time to go in a new direction. Although the APWA does not have a track record as of yet, it is common sense that if all the UPS pension money goes only to UPS employees, we will have a fully funded pension plan because we are not giving away 60% of our money to other companies. [/QUOTE]
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