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Brown Cafe UPS Forum
UPS Union Issues
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 2884096" data-attributes="member: 12570"><p>Would this plan include selling all of our pension "debt" to a venture capitalist with the promise of a 3% return on their investment? From what I hear the only thing holding this up is getting the government to guarantee our debt in case the VC defaults on his obligation.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 2884096, member: 12570"] Would this plan include selling all of our pension "debt" to a venture capitalist with the promise of a 3% return on their investment? From what I hear the only thing holding this up is getting the government to guarantee our debt in case the VC defaults on his obligation. [/QUOTE]
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