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Brown Cafe UPS Forum
UPS Partners
Management Buy-out and Pension cut
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<blockquote data-quote="nhguy" data-source="post: 143767" data-attributes="member: 5248"><p>UPS44,</p><p> </p><p>When do you anticipate these changes coming about? Is it strictly a reduction process or is there going to be real changes to the whole pension/retirement plan as we know it today.</p><p>The way you speak, it doesn't appear that it is going to be a very appealing offer. You make it almost sound like they just want numbers to go away, doesn;t matter who or what level! Correct me if I'm reading into your post too much.</p><p>Do you have any specifics as to how many they are looking to lose overall? Have you seen any of the details to this planned buyout? Anything else you can share would be great!</p></blockquote><p></p>
[QUOTE="nhguy, post: 143767, member: 5248"] UPS44, When do you anticipate these changes coming about? Is it strictly a reduction process or is there going to be real changes to the whole pension/retirement plan as we know it today. The way you speak, it doesn't appear that it is going to be a very appealing offer. You make it almost sound like they just want numbers to go away, doesn;t matter who or what level! Correct me if I'm reading into your post too much. Do you have any specifics as to how many they are looking to lose overall? Have you seen any of the details to this planned buyout? Anything else you can share would be great! [/QUOTE]
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