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Brown Cafe UPS Forum
UPS Retirement Topics
Pension for p/t sup
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<blockquote data-quote="DELACROIX" data-source="post: 3901897" data-attributes="member: 49065"><p>Just to show you just how (Decent) management's pensions were funded over the years:</p><p></p><p>UPS Pension Plan for mostly Union part time service: (7 billion in assets)...200,000 vested participants. That includes all full timers who worked part time prior to entering the Central or IBT/UPS.</p><p></p><p>IBT/UPS Pension plan that covers those full timers with time under the Central States: (7 billion in assets)...44,000 full time union participants transferred in 2008..Current participants unknown as of year ending 2017...Estimate around 70,000..</p><p></p><p>UPS Retirement Plan that covers all management (part time and full time) plus any non union employees: (<span style="color: #ff0000">18 Billion in assets</span><span style="color: #000000">)...70,000 participants, vested, active and retired. </span></p><p><span style="color: #ff0000"></span></p><p><span style="color: #ff0000"></span></p></blockquote><p></p>
[QUOTE="DELACROIX, post: 3901897, member: 49065"] Just to show you just how (Decent) management's pensions were funded over the years: UPS Pension Plan for mostly Union part time service: (7 billion in assets)...200,000 vested participants. That includes all full timers who worked part time prior to entering the Central or IBT/UPS. IBT/UPS Pension plan that covers those full timers with time under the Central States: (7 billion in assets)...44,000 full time union participants transferred in 2008..Current participants unknown as of year ending 2017...Estimate around 70,000.. UPS Retirement Plan that covers all management (part time and full time) plus any non union employees: ([COLOR=#ff0000]18 Billion in assets[/COLOR][COLOR=#000000])...70,000 participants, vested, active and retired. [/COLOR] [COLOR=#ff0000] [/COLOR] [/QUOTE]
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