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UPS Partners
Management Pension Buyout conversation time, again...
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<blockquote data-quote="oldbrownguy" data-source="post: 2949844" data-attributes="member: 46190"><p>So I got "my Retirement Program packet" yesterday...The last paragraph on the "legal notice" page supports my earlier theory that there is still more to follow. It reads " UPS reserves the right to amend the UPS Retirement Plan in the future at any time and for any reasons permitted by law". "This includes accelerating the effective date of the amendment to a time before 12/31/2022, however you will be informed before that happens." As I stated earlier, I can't believe UPS would let a program run for another 5 years when it is losing billions of dollars annually.</p></blockquote><p></p>
[QUOTE="oldbrownguy, post: 2949844, member: 46190"] So I got "my Retirement Program packet" yesterday...The last paragraph on the "legal notice" page supports my earlier theory that there is still more to follow. It reads " UPS reserves the right to amend the UPS Retirement Plan in the future at any time and for any reasons permitted by law". "This includes accelerating the effective date of the amendment to a time before 12/31/2022, however you will be informed before that happens." As I stated earlier, I can't believe UPS would let a program run for another 5 years when it is losing billions of dollars annually. [/QUOTE]
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Management Pension Buyout conversation time, again...
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