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Brown Cafe UPS Forum
UPS Union Issues
Pension fix
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<blockquote data-quote="barnyard" data-source="post: 3964925" data-attributes="member: 13921"><p>FFS</p><p>Guaranteed benefit pensions will never be fixed. They will continue fail or need to be bailed to survive. It is only a matter of time before UPS tells shareholders that it can no longer afford to contribute and they will go bankrupt unless they are relieved from their obligations. May not happen in the next year or 2 or 3, but it will happen. Just like everywhere else.</p></blockquote><p></p>
[QUOTE="barnyard, post: 3964925, member: 13921"] FFS Guaranteed benefit pensions will never be fixed. They will continue fail or need to be bailed to survive. It is only a matter of time before UPS tells shareholders that it can no longer afford to contribute and they will go bankrupt unless they are relieved from their obligations. May not happen in the next year or 2 or 3, but it will happen. Just like everywhere else. [/QUOTE]
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