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<blockquote data-quote="Inthegame" data-source="post: 1194121" data-attributes="member: 37112"><p>Thank you <u>InsideUPS</u> for posting the <strong>UPS Plan Amendment for Termination </strong>notice. Too many don't understand the very language they fear already exists in UPS's plan. It is a necessary component to protect the plans regardless of who administers benefits. And thank you to <u>Piedmont</u> for another in a long series of astute posts. Not only did UPS try to raise retiree rates in '07, they demanded Hall to reopen after the '08 meltdown. The much ridiculed Ken H responded calmly by saying "Every negotiation UPS cries that the contract will break them and then goes out and sets record profits each succeeding quarter. Not once has the IBT demanded UPS open and share that wealth, we wait til the contract is up. Now you can wait." This has been a long and difficult process. But every UPS'er should be pleased with these results.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1194121, member: 37112"] Thank you [U]InsideUPS[/U] for posting the [B]UPS Plan Amendment for Termination [/B]notice. Too many don't understand the very language they fear already exists in UPS's plan. It is a necessary component to protect the plans regardless of who administers benefits. And thank you to [U]Piedmont[/U] for another in a long series of astute posts. Not only did UPS try to raise retiree rates in '07, they demanded Hall to reopen after the '08 meltdown. The much ridiculed Ken H responded calmly by saying "Every negotiation UPS cries that the contract will break them and then goes out and sets record profits each succeeding quarter. Not once has the IBT demanded UPS open and share that wealth, we wait til the contract is up. Now you can wait." This has been a long and difficult process. But every UPS'er should be pleased with these results. [/QUOTE]
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