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Brown Cafe UPS Forum
UPS Partners
Management Buy-out and Pension cut
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<blockquote data-quote="Tarnsman" data-source="post: 144307"><p>I heard the age was 52 and applies to all management...This is to avoid a class action suit.....For sake of discussion lets assume of a 36 year supervisor, manager, div manager & district manager with monthly salaries of 6,000, 7000, 9000 and 15000 respectively.....That would yield into an annuity of in millions 1.0, 1.1, 1.5 and 2.5.........Figure an annual yield of 6% and you can see where the managers & supervisors are at a disadvantage.............If my figures are somewhat off its not by much.......</p></blockquote><p></p>
[QUOTE="Tarnsman, post: 144307"] I heard the age was 52 and applies to all management...This is to avoid a class action suit.....For sake of discussion lets assume of a 36 year supervisor, manager, div manager & district manager with monthly salaries of 6,000, 7000, 9000 and 15000 respectively.....That would yield into an annuity of in millions 1.0, 1.1, 1.5 and 2.5.........Figure an annual yield of 6% and you can see where the managers & supervisors are at a disadvantage.............If my figures are somewhat off its not by much....... [/QUOTE]
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Management Buy-out and Pension cut
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