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Brown Cafe UPS Forum
UPS Partners
Management Pension Change
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<blockquote data-quote="Braveheart" data-source="post: 227189" data-attributes="member: 5831"><p>I have been told by multiple Managers that they are in fact doing away with the traditional management pension plan. I hope they group you guys in with our new pension so if we get shafted down the road, you get shafted down the road. And the managers get a pension, and matching 401k funds, and 1/2 months salary bonus at Christmas, and stock bonuses, and the dividends that go with them. So any idea that we should switch to a simple 401k matching in place of our pension is lacking just a wee bit.</p></blockquote><p></p>
[QUOTE="Braveheart, post: 227189, member: 5831"] I have been told by multiple Managers that they are in fact doing away with the traditional management pension plan. I hope they group you guys in with our new pension so if we get shafted down the road, you get shafted down the road. And the managers get a pension, and matching 401k funds, and 1/2 months salary bonus at Christmas, and stock bonuses, and the dividends that go with them. So any idea that we should switch to a simple 401k matching in place of our pension is lacking just a wee bit. [/QUOTE]
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