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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: 420528" data-attributes="member: 167"><p>i dont see how some of you dont see whats going on here.Yes i copied it from tdu but google the same subject an it will popup under other news sites.</p><p> </p><p>What ups is doing is this.For instance,ups isnt required to make 22.3 jobs in every district. They are required to make sure they ahve a certain number nationwide though.So why would they make 1 in the western region,where they have to pay into the teamster pension fund when they can make one in the central state region and pay into their own fund? Makes 100% sense to me. Make enough of them an they start taking away from western regions pension fund to the point it starts hurting. In time western region is hurting an next contract ups buys them out to. Orchestrated attempt of buying every pension fund in my opinion.</p></blockquote><p></p>
[QUOTE="bears2, post: 420528, member: 167"] i dont see how some of you dont see whats going on here.Yes i copied it from tdu but google the same subject an it will popup under other news sites. What ups is doing is this.For instance,ups isnt required to make 22.3 jobs in every district. They are required to make sure they ahve a certain number nationwide though.So why would they make 1 in the western region,where they have to pay into the teamster pension fund when they can make one in the central state region and pay into their own fund? Makes 100% sense to me. Make enough of them an they start taking away from western regions pension fund to the point it starts hurting. In time western region is hurting an next contract ups buys them out to. Orchestrated attempt of buying every pension fund in my opinion. [/QUOTE]
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