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Brown Cafe UPS Forum
UPS Union Issues
Pension
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<blockquote data-quote="DELACROIX" data-source="post: 4799352" data-attributes="member: 49065"><p>I just skimmed the details and I did see that once these pension funds receive their PBGC funds, those funds will become a supplemental pension trust for all their retirees. This helps to shore up the suffering plans by giving them a break in order to improve their vesting ratios. Their contributions from the employers continues as usual, more money in .. less money going out.</p><p></p><p>Really a smart plan if it works...</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 4799352, member: 49065"] I just skimmed the details and I did see that once these pension funds receive their PBGC funds, those funds will become a supplemental pension trust for all their retirees. This helps to shore up the suffering plans by giving them a break in order to improve their vesting ratios. Their contributions from the employers continues as usual, more money in .. less money going out. Really a smart plan if it works... [/QUOTE]
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