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Brown Cafe UPS Forum
UPS Retirement Topics
Pension in Jeopardy
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<blockquote data-quote="wkmac" data-source="post: 86469" data-attributes="member: 2189"><p>retired,</p><p>PT hourly pension at least in my area is all UPS and has nothing to do with union pension plans. In fact, in the case of Pter's regarding pension the company comes out to the good as the vast majority never stay long enough to collect so the cost to the company in at best minimal. It's also another reason IMO that made good sense to fold the Fters in with the Pters and let them subsidize us Fters when we reach the good life! Compell UPS by contract to contribute for every pter instead of pocketing the money and then reap the rewards. Ironic part is UPD likely would go for it as this would be less costly and less a threat over the longhaul than what they face now via the many union pension funds.</p><p><img src="/community/styles/default/xenforo/smilies/group1/wink.gif" class="smilie" loading="lazy" alt=":wink:" title="Wink :wink:" data-shortname=":wink:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 86469, member: 2189"] retired, PT hourly pension at least in my area is all UPS and has nothing to do with union pension plans. In fact, in the case of Pter's regarding pension the company comes out to the good as the vast majority never stay long enough to collect so the cost to the company in at best minimal. It's also another reason IMO that made good sense to fold the Fters in with the Pters and let them subsidize us Fters when we reach the good life! Compell UPS by contract to contribute for every pter instead of pocketing the money and then reap the rewards. Ironic part is UPD likely would go for it as this would be less costly and less a threat over the longhaul than what they face now via the many union pension funds. :wink: [/QUOTE]
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