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 Union Issues
Nys teamsters pension & retirement fund
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="BigUnionGuy" data-source="post: 3081948" data-attributes="member: 4992"><p>Yep.</p><p></p><p>In 2002, is when the accrual rate was cut from 2% to 1%.</p><p></p><p>I was at the meeting in Chicago. Room full of angry Teamsters.</p><p></p><p></p><p></p><p></p><p></p><p>It was part of the Consent Decree in 1982.</p><p></p><p><a href="http://www.marketwatch.com/story/how-the-teamsters-pension-disappeared-more-quickly-under-wall-street-than-the-mob-2016-04-04" target="_blank">How the Teamsters pension disappeared more quickly under Wall Street than the mob</a></p><p></p><p></p><p></p><p></p><p></p><p>Fortunately, for UPSer's who retire after 2008....</p><p></p><p>The company is contractually required to make up any difference in cuts</p><p></p><p>Central States makes. For now.</p><p></p><p></p><p></p><p>-Bug-</p><p></p><p></p><p><strong><span style="font-size: 15px"></span></strong></p><p><strong><span style="font-size: 15px"></span></strong></p></blockquote><p></p>
[QUOTE="BigUnionGuy, post: 3081948, member: 4992"] Yep. In 2002, is when the accrual rate was cut from 2% to 1%. I was at the meeting in Chicago. Room full of angry Teamsters. It was part of the Consent Decree in 1982. [URL="http://www.marketwatch.com/story/how-the-teamsters-pension-disappeared-more-quickly-under-wall-street-than-the-mob-2016-04-04"]How the Teamsters pension disappeared more quickly under Wall Street than the mob[/URL] Fortunately, for UPSer's who retire after 2008.... The company is contractually required to make up any difference in cuts Central States makes. For now. -Bug- [B][SIZE=4] [/SIZE][/B] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Nys teamsters pension & retirement fund
Top