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Brown Cafe UPS Forum
UPS Retirement Topics
REFORM PLAN FOR Central States Pension Plan
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<blockquote data-quote="UPSmechanicinblue" data-source="post: 1876507" data-attributes="member: 28826"><p>Just trying to figure out on this special agreement- we pulled out in 2007- 2008 was the stock downturn -what I read is they negotiated something that I'm now aware of on exact details-that is if im reading it correctly, UPS lobbied big money to carve out all past and current retirees to protect them from any cuts. I wonder why? They only have to cover ones after 2008 why would they want to cover protect pre 2008? Just seems weird (I am not against this at all) they would spend extra money for ones they are not liable for. Of course they want to protect the ones they are. I would like info on this special agreement if there ever is one.</p></blockquote><p></p>
[QUOTE="UPSmechanicinblue, post: 1876507, member: 28826"] Just trying to figure out on this special agreement- we pulled out in 2007- 2008 was the stock downturn -what I read is they negotiated something that I'm now aware of on exact details-that is if im reading it correctly, UPS lobbied big money to carve out all past and current retirees to protect them from any cuts. I wonder why? They only have to cover ones after 2008 why would they want to cover protect pre 2008? Just seems weird (I am not against this at all) they would spend extra money for ones they are not liable for. Of course they want to protect the ones they are. I would like info on this special agreement if there ever is one. [/QUOTE]
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REFORM PLAN FOR Central States Pension Plan
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