Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
New job at ups
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 2292210" data-attributes="member: 12570"><p>The pensions administered by the company are in great shape. It is the multi-employer Teamster pension funds that are hurting.</p><p></p><p>In a nutshell, there are more retirees than actives, which means more money going out than coming in.</p><p></p><p>How do we fix it? The ideal would be for the company to buy their way out if the troubled plans and add us to their plan. The reality is that this is not very likely and the only way to save our our pensions is to reduce our monthly payments.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 2292210, member: 12570"] The pensions administered by the company are in great shape. It is the multi-employer Teamster pension funds that are hurting. In a nutshell, there are more retirees than actives, which means more money going out than coming in. How do we fix it? The ideal would be for the company to buy their way out if the troubled plans and add us to their plan. The reality is that this is not very likely and the only way to save our our pensions is to reduce our monthly payments. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
New job at ups
Top