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Brown Cafe UPS Forum
UPS Retirement Topics
Pension cuts?
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<blockquote data-quote="wkmac" data-source="post: 83640" data-attributes="member: 2189"><p>Hey guys maybe I missed something and hope one of you will post something to clarify but I saw this as nothing more than another attempt at the partitioning idea floated by UPS a couple of years ago. The way I read the article it seemed to indicate they wanted to cut the benefits to retirees whose companies departed from existence long ago and in turn protect the pensions of existing company employees like UPSers. UPS doesn't want a 70 year old in a package car and much was made of Marty Peters but you noticed he left the package car some time ago to work at the building only. </p><p> </p><p>I admit I could have read this wrong conerning the UPS effort in Congress so if you guys know more please fill me in.</p><p> </p><p>Thanks.</p></blockquote><p></p>
[QUOTE="wkmac, post: 83640, member: 2189"] Hey guys maybe I missed something and hope one of you will post something to clarify but I saw this as nothing more than another attempt at the partitioning idea floated by UPS a couple of years ago. The way I read the article it seemed to indicate they wanted to cut the benefits to retirees whose companies departed from existence long ago and in turn protect the pensions of existing company employees like UPSers. UPS doesn't want a 70 year old in a package car and much was made of Marty Peters but you noticed he left the package car some time ago to work at the building only. I admit I could have read this wrong conerning the UPS effort in Congress so if you guys know more please fill me in. Thanks. [/QUOTE]
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