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Brown Cafe UPS Forum
UPS Retirement Topics
**NEW** Ups pension plan
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<blockquote data-quote="bears2" data-source="post: 387527" data-attributes="member: 167"><p>hey wisenheimer..pay attention. i never siad it was a bad thing ups "bailing" it out . what i said was that ups had a bigger plan. their plan was to buy the central states fund of which i was apart of .But what ups is doing is using it to break all the other funds.by making as many fulltime jobs as possible in the "central states" new plan amd not refilling them in the western conference etc.ups will have to fund their own plan an not the western etc.in time this will certainly break those funds.also if you were in the csf your are supposedly ok,theres a recipricating clause.but if you worked in western conference and now in "central states" your screwed.the new plan only recipricates with the csf an none of the rest.</p></blockquote><p></p>
[QUOTE="bears2, post: 387527, member: 167"] hey wisenheimer..pay attention. i never siad it was a bad thing ups "bailing" it out . what i said was that ups had a bigger plan. their plan was to buy the central states fund of which i was apart of .But what ups is doing is using it to break all the other funds.by making as many fulltime jobs as possible in the "central states" new plan amd not refilling them in the western conference etc.ups will have to fund their own plan an not the western etc.in time this will certainly break those funds.also if you were in the csf your are supposedly ok,theres a recipricating clause.but if you worked in western conference and now in "central states" your screwed.the new plan only recipricates with the csf an none of the rest. [/QUOTE]
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**NEW** Ups pension plan
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