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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement...contract talks
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<blockquote data-quote="Re-Raise" data-source="post: 2154441" data-attributes="member: 16501"><p>But the problem is that the compensation UPS pays into the pension plan is not yours. It pays for other teamsters who are in the multi-employer fund and retirees who never had enough contributions made on their behalf to support the annuity they are receiving. We keep throwing more money into something we may not get any benefit from. At least with my hourly pay I control what is done with it.</p></blockquote><p></p>
[QUOTE="Re-Raise, post: 2154441, member: 16501"] But the problem is that the compensation UPS pays into the pension plan is not yours. It pays for other teamsters who are in the multi-employer fund and retirees who never had enough contributions made on their behalf to support the annuity they are receiving. We keep throwing more money into something we may not get any benefit from. At least with my hourly pay I control what is done with it. [/QUOTE]
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