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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement...contract talks
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<blockquote data-quote="By The Book" data-source="post: 2169929" data-attributes="member: 53581"><p>Out west they restructured our plan and cut the accrual rate around late 2008 when the market dropped. They got a loan and got the funding percentage above 90%, lets hope it stays. If your plan hasn't dropped your accrual rate by say half, and still promise big payouts, your in for a rocky road ahead.</p></blockquote><p></p>
[QUOTE="By The Book, post: 2169929, member: 53581"] Out west they restructured our plan and cut the accrual rate around late 2008 when the market dropped. They got a loan and got the funding percentage above 90%, lets hope it stays. If your plan hasn't dropped your accrual rate by say half, and still promise big payouts, your in for a rocky road ahead. [/QUOTE]
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