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Brown Cafe UPS Forum
UPS Retirement Topics
May 10th Announcement .Pension
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<blockquote data-quote="mg5" data-source="post: 193003" data-attributes="member: 9766"><p>Maybe your not getting the big picture here.....Maybe company is looking to trim some mgmt. Maybe they are not only looking at the (dead wood, old timers etc. etc). Maybe they are looking to cut all pensions to 401k's, benefits and long time employees. No mgmt MIP below Div. Mgr. level. If that could be it, THINK, no one after 10 to 15 years. That way no one has higher pay scale, no 4, 5, 6 week vacations. Nobody to retire with benefits. Put your 10 or 12 years in and hit the road and take your 401k with you. Maybe they are looking for short term employees. Less pay,less injuries (younger work force), less vacation time. Maybe they do not want career UPS'ERS. Looks like everyone is thinking its 20 plus years of service and 50 plus years old. It's a bigger plan and we have only seen a very small part....my opinion only.</p></blockquote><p></p>
[QUOTE="mg5, post: 193003, member: 9766"] Maybe your not getting the big picture here.....Maybe company is looking to trim some mgmt. Maybe they are not only looking at the (dead wood, old timers etc. etc). Maybe they are looking to cut all pensions to 401k's, benefits and long time employees. No mgmt MIP below Div. Mgr. level. If that could be it, THINK, no one after 10 to 15 years. That way no one has higher pay scale, no 4, 5, 6 week vacations. Nobody to retire with benefits. Put your 10 or 12 years in and hit the road and take your 401k with you. Maybe they are looking for short term employees. Less pay,less injuries (younger work force), less vacation time. Maybe they do not want career UPS'ERS. Looks like everyone is thinking its 20 plus years of service and 50 plus years old. It's a bigger plan and we have only seen a very small part....my opinion only. [/QUOTE]
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