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Brown Cafe UPS Forum
UPS Discussions
Pensions everywhere need to be alert.
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<blockquote data-quote="MyTripisCut" data-source="post: 5447664" data-attributes="member: 34797"><p>I am. We are.</p><p>But….</p><p>The article mentioned company sponsored plans. I’m assuming ours is not company sponsored at this point. That’s why I was reluctant to go down the rabbit hole. Also, if we were to negotiate a 401K with a match as opposed to a pension, I think it would be a mistake. We’d be opening Pandora’s box as to what percentage the match would be in negotiations down the line and we all know how UPS operates. The pension negotiation is an hourly contribution made by UPS and it just seems a better option to me to have both without the matching contribution.</p></blockquote><p></p>
[QUOTE="MyTripisCut, post: 5447664, member: 34797"] I am. We are. But…. The article mentioned company sponsored plans. I’m assuming ours is not company sponsored at this point. That’s why I was reluctant to go down the rabbit hole. Also, if we were to negotiate a 401K with a match as opposed to a pension, I think it would be a mistake. We’d be opening Pandora’s box as to what percentage the match would be in negotiations down the line and we all know how UPS operates. The pension negotiation is an hourly contribution made by UPS and it just seems a better option to me to have both without the matching contribution. [/QUOTE]
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Pensions everywhere need to be alert.
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