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UPS Subsidiaries
UPS Freight = TForce Freight
Our Pension program is taking a hit at UPS !
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<blockquote data-quote="Browser" data-source="post: 145616"><p>Guys, </p><p> Let's clarify one thing that you don't seem to understand. Your pension program is taking a hit because of how it is set up and who draws off of it. UPS meets their obligation of depositing money on your behalf into the Teamster pension fund and then the Teamster pension fund takes 60% of the money that UPS put in for you and dishes it out to non-UPS teamsters who are also in the multi-employer fund, the other 40% is what you will actually earn from the fund. No matter what anyone else may say, that is the plain fact! UPS has nothing to do with the problems with your fund.</p></blockquote><p></p>
[QUOTE="Browser, post: 145616"] Guys, Let's clarify one thing that you don't seem to understand. Your pension program is taking a hit because of how it is set up and who draws off of it. UPS meets their obligation of depositing money on your behalf into the Teamster pension fund and then the Teamster pension fund takes 60% of the money that UPS put in for you and dishes it out to non-UPS teamsters who are also in the multi-employer fund, the other 40% is what you will actually earn from the fund. No matter what anyone else may say, that is the plain fact! UPS has nothing to do with the problems with your fund. [/QUOTE]
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UPS Freight = TForce Freight
Our Pension program is taking a hit at UPS !
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