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Brown Cafe UPS Forum
UPS Union Issues
NEW POLL!! How DID you vote?
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<blockquote data-quote="tieguy" data-source="post: 262710" data-attributes="member: 1912"><p><span style="color: blue">The buyout is a calculated gamble. If the CS plan failed then ups would be liable for much more then the 6.1 billion. The buyout protects us against that possibility. It also protects our people against that possibility. </span></p><p><span style="color: #0000ff">Your insurance by the pbgc when a multi-employer plan fails is about 1100 a month. Your insurance coverage for a single employer plan that fails is up to approximately 4000 grand a month. Don't ever fool yourself into thinking that the CS plan could fail and only hurt UPS. </span></p></blockquote><p></p>
[QUOTE="tieguy, post: 262710, member: 1912"] [COLOR=blue]The buyout is a calculated gamble. If the CS plan failed then ups would be liable for much more then the 6.1 billion. The buyout protects us against that possibility. It also protects our people against that possibility. [/COLOR] [COLOR=#0000ff]Your insurance by the pbgc when a multi-employer plan fails is about 1100 a month. Your insurance coverage for a single employer plan that fails is up to approximately 4000 grand a month. Don't ever fool yourself into thinking that the CS plan could fail and only hurt UPS. [/COLOR] [/QUOTE]
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NEW POLL!! How DID you vote?
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