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Mechanics taking over Management Pension
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<blockquote data-quote="Cezanne" data-source="post: 339705" data-attributes="member: 5104"><p>"Lord help us", here we go again. Till we get more concrete information check this one up as a rumor. It is possibility considering that most low and mid level management over 50 are willing and eager to get out of the Race. Considering just how well the "UPS Retirement Plan" for management has been funded and it's good investment returns over the years, why would it want the IAM to handle their funds? What came first the chicken or the egg? Also there are pretty well spelled out legal issues in switching pension trusts.<img src="/community/styles/default/xenforo/smilies/FeltTip/greedy.png" class="smilie" loading="lazy" alt=":greedy:" title="Greedy :greedy:" data-shortname=":greedy:" /></p></blockquote><p></p>
[QUOTE="Cezanne, post: 339705, member: 5104"] "Lord help us", here we go again. Till we get more concrete information check this one up as a rumor. It is possibility considering that most low and mid level management over 50 are willing and eager to get out of the Race. Considering just how well the "UPS Retirement Plan" for management has been funded and it's good investment returns over the years, why would it want the IAM to handle their funds? What came first the chicken or the egg? Also there are pretty well spelled out legal issues in switching pension trusts.:greedy: [/QUOTE]
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