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Brown Cafe UPS Forum
UPS Partners
Round two...
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<blockquote data-quote="Popeye" data-source="post: 3641230" data-attributes="member: 29236"><p>The people who will get the worst screwing are the ones who are close to being eligible to retire. If they get sacked they lose most of their pension. Say someone is 52 years old and has been with the company for 30 years. If they’re shown the door they lose about 60% of the pension that they’ve already earned and their retirement medical benefits. This would amount to UPS stealing their money in my opinion. Just like they steal RSUs from anyone who leaves before retirement age. It’s money you’ve earned, and they just plain steal it. But stealing from employees pretties up the balance sheet nicely. The company is run by scumbags and has been for quite a while now. I cannot wait to get my VRP date and GTF outta there!</p></blockquote><p></p>
[QUOTE="Popeye, post: 3641230, member: 29236"] The people who will get the worst screwing are the ones who are close to being eligible to retire. If they get sacked they lose most of their pension. Say someone is 52 years old and has been with the company for 30 years. If they’re shown the door they lose about 60% of the pension that they’ve already earned and their retirement medical benefits. This would amount to UPS stealing their money in my opinion. Just like they steal RSUs from anyone who leaves before retirement age. It’s money you’ve earned, and they just plain steal it. But stealing from employees pretties up the balance sheet nicely. The company is run by scumbags and has been for quite a while now. I cannot wait to get my VRP date and GTF outta there! [/QUOTE]
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Round two...
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