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Brown Cafe UPS Forum
UPS Retirement Topics
Raising the Union retirement age
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<blockquote data-quote="BMWMC" data-source="post: 1003255" data-attributes="member: 37461"><p>The real problem isn't the retirement age its the orphaned ex-workers hanging like a millstone around the Teamster pension systems neck. Hopefully something is going to get done about it before the next contract is finalized. If the Teamsters could move those vested workers from long since bankrupted and out of business companies off their books and into the Pension Guarantee Trust Corp, where they belong, pensions for UPS workers could rise dramatically and age wouldn't make a difference.</p></blockquote><p></p>
[QUOTE="BMWMC, post: 1003255, member: 37461"] The real problem isn't the retirement age its the orphaned ex-workers hanging like a millstone around the Teamster pension systems neck. Hopefully something is going to get done about it before the next contract is finalized. If the Teamsters could move those vested workers from long since bankrupted and out of business companies off their books and into the Pension Guarantee Trust Corp, where they belong, pensions for UPS workers could rise dramatically and age wouldn't make a difference. [/QUOTE]
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Raising the Union retirement age
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