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Brown Cafe UPS Forum
UPS Union Issues
Nys teamsters pension & retirement fund
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<blockquote data-quote="1989" data-source="post: 3185671" data-attributes="member: 10280"><p>Update stated that his pensions accrual rate was cut to 1.3%. That is 9.2% higher than the 1.2% The west has had for about a decade now. So his pension is in trouble. Cutting benefits. But still paying out 9.2% more than a well funded pension? This looks like a band aid to me. I foresee future cuts down the road.</p></blockquote><p></p>
[QUOTE="1989, post: 3185671, member: 10280"] Update stated that his pensions accrual rate was cut to 1.3%. That is 9.2% higher than the 1.2% The west has had for about a decade now. So his pension is in trouble. Cutting benefits. But still paying out 9.2% more than a well funded pension? This looks like a band aid to me. I foresee future cuts down the road. [/QUOTE]
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