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Brown Cafe UPS Forum
UPS Union Issues
No negotiations until 22nd!?
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<blockquote data-quote="Bubblehead" data-source="post: 5597720" data-attributes="member: 14176"><p>Every year that passes dilutes that Central States part of the equation, until it ultimately disappears entirely by attrition.</p><p></p><p>The most significant liability to any pension fund is mortality, which will always increase the earlier someone starts drawing their pension. </p><p>The same dynamic holds true but is defined by Medicare age (65) in regards to retiree benefits.</p><p></p><p>These are the hurdles in reducing age and service requirements for retirement.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 5597720, member: 14176"] Every year that passes dilutes that Central States part of the equation, until it ultimately disappears entirely by attrition. The most significant liability to any pension fund is mortality, which will always increase the earlier someone starts drawing their pension. The same dynamic holds true but is defined by Medicare age (65) in regards to retiree benefits. These are the hurdles in reducing age and service requirements for retirement. [/QUOTE]
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No negotiations until 22nd!?
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