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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: 149429" data-attributes="member: 5248"><p>POCOLOCO-</p><p>It would be nice if you could elaborate more on this buyout offer. I would be interested in some details since the rumors keep flying that this offer is going to be expanded beyond SCS and Corporate. Is there any severance pay? What is the formula used on the lump sum from the pension? Is medical insurance for retirees still part of the deal? How many payments is the money paid out in and how far apart? Anything you or anybody else can give us might help some of us get a better understanding of what they have actually offered?</p></blockquote><p></p>
[QUOTE="nhguy, post: 149429, member: 5248"] POCOLOCO- It would be nice if you could elaborate more on this buyout offer. I would be interested in some details since the rumors keep flying that this offer is going to be expanded beyond SCS and Corporate. Is there any severance pay? What is the formula used on the lump sum from the pension? Is medical insurance for retirees still part of the deal? How many payments is the money paid out in and how far apart? Anything you or anybody else can give us might help some of us get a better understanding of what they have actually offered? [/QUOTE]
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Management Buy-out and Pension cut
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