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<blockquote data-quote="Mugarolla" data-source="post: 1607679" data-attributes="member: 8481">The Teamsters weren&#039;t watching out for anybody. The Teamsters endorse the cuts.The only reason anyone that retired after 2008 won&#039;t receive any cuts is that UPS got Congress to give them basically an exemption.And the only reason UPS wanted this exemption is that they have to make up any cuts by Central States to any employee retired after 2008.If it was not in the contract for UPS to make up for any cuts, they would not have gone to Congress looking for this exemption.UPS, like the Teamsters, really doesn&#039;t care about retirees taking cuts. They just didn&#039;t want to have to pay.I don&#039;t blame them. They fulfilled 100% of their CS pension liability. Let the retirees from companies that still owe CS money be the first ones in line for the cuts.Look at YRC. They are paying hardly anything into the pension fund right now, and extending through 2019, I think.Why should they enjoy a full pension when their employer is not paying their fair share.If the money is there, pay them their full pension. If the money is not there, they should be the first ones to take a cut.</blockquote>

[QUOTE="Mugarolla, post: 1607679, member: 8481"] The Teamsters weren't watching out for anybody. The Teamsters endorse the cuts. The only reason anyone that retired after 2008 won't receive any cuts is that UPS got Congress to give them basically an exemption. And the only reason UPS wanted this exemption is that they have to make up any cuts by Central States to any employee retired after 2008. If it was not in the contract for UPS to make up for any cuts, they would not have gone to Congress looking for this exemption. UPS, like the Teamsters, really doesn't care about retirees taking cuts. They just didn't want to have to pay. I don't blame them. They fulfilled 100% of their CS pension liability. Let the retirees from companies that still owe CS money be the first ones in line for the cuts. Look at YRC. They are paying hardly anything into the pension fund right now, and extending through 2019, I think. Why should they enjoy a full pension when their employer is not paying their fair share. If the money is there, pay them their full pension. If the money is not there, they should be the first ones to take a cut. [/QUOTE]

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