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Brown Cafe UPS Forum
UPS Union Issues
Retired union workers facing 'unprecedented' pension cuts.
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<blockquote data-quote="oldngray" data-source="post: 1224263" data-attributes="member: 45230"><p>UPS is NOT liable for the offset in reduction is the way I understand it too. If the government steps in because of Central States insolvency that potion of our pensions would get reduced by about 2/3. UPS guarantees the offset until 65 I think, then we are at the mercy of Central States.</p></blockquote><p></p>
[QUOTE="oldngray, post: 1224263, member: 45230"] UPS is NOT liable for the offset in reduction is the way I understand it too. If the government steps in because of Central States insolvency that potion of our pensions would get reduced by about 2/3. UPS guarantees the offset until 65 I think, then we are at the mercy of Central States. [/QUOTE]
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UPS Union Issues
Retired union workers facing 'unprecedented' pension cuts.
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