could this be the next fund big brown bails out?
Very unlikely. UPS is prohibited from advocating that any Locals' members withdraw from any current pension plan thru Dec 19, 2017!
I'm sure the teamsters would be willing to change that rule if they need us to bail out another pension plan in trouble.
Besides, UPS didn't really bail out Central States, it just withdrew its own employees and paid the Withdrawal Liability it legally owed all along.
That would be a bailout.
Most of the $6.1 billion payment was ultimately paid by the American Taxpayer,
Typical liberal logic. Taxs not paid is less in the coffers not taxs paid out by someone else.
(when UPS deducted the payment on its tax return,) and by the employees outside the Central States area who were handed major concessions in the Master Agreement to help UPS recoup its payment.
(Last August 1st we got a $1.00 raise, for example. This August 1st we didn't get a $1.10 or more, now did we.)
It's tired....he's not registering and Cheryl has not said either way if she cares. Shut it....it's bordering on trolling and as you have accused me doing to you, Post stalking.
Funny how in your world it's all good.
I could be wrong but wasn't the last strike all about the company wanting to take over the pension funds! I think UPS saw all these pension funds going under at least ten years ago. Keep supporting your Union and continue to watch your funds dwindle away.
UPS is not capable of fixing all the pension problems of the Teamsters pension funds, Nor should they.
If I was a member, I would get together and start to really question what the hell is going on with the pensions! If you sit back and ignore it, you may find nothing left when your time comes to retire!!
I'll be getting my pension starting next March 1, and I feel real comfortable that my check will be deposited every month!
REMEMBER THE BIG FISH ALWAYS EATS THE LITTLE ONES!
don't worry about I don't value your opinion and will sleep good tonight knowing I support all of Cheryls hardwork. Thanks for continuously sharing an opinion I do not value.