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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: 2171523" data-attributes="member: 53581"><p>It needed to happen that far back, and with realistic expectations for returns on investment. They also needed to do the math forward to see if they were going to be able to give out what they said. Out west it's a 1.2 accrual rate at 91% funded if that shows you how aggressive our cut was. It's been that way about 7 years now. I think they were about 10-12 years behind on the wage diversion,imo.</p></blockquote><p></p>
[QUOTE="By The Book, post: 2171523, member: 53581"] It needed to happen that far back, and with realistic expectations for returns on investment. They also needed to do the math forward to see if they were going to be able to give out what they said. Out west it's a 1.2 accrual rate at 91% funded if that shows you how aggressive our cut was. It's been that way about 7 years now. I think they were about 10-12 years behind on the wage diversion,imo. [/QUOTE]
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