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Brown Cafe UPS Forum
UPS Union Issues
TeamCare upgraded
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<blockquote data-quote="kingOFchester" data-source="post: 1195262" data-attributes="member: 11246"><p>You know what is scary? The amount UPS will pay into Teamcare in the 5th year (Just the 5th year) is equal to or greater then the net profit from 2011. Just the healthcare expense. </p><p></p><p>The first year, 2014 UPS will pay 3 billion into teamcare, that's 78% of the total net profit from 2011 of 3.8 billion. </p><p></p><p>Mind blowing.</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 1195262, member: 11246"] You know what is scary? The amount UPS will pay into Teamcare in the 5th year (Just the 5th year) is equal to or greater then the net profit from 2011. Just the healthcare expense. The first year, 2014 UPS will pay 3 billion into teamcare, that's 78% of the total net profit from 2011 of 3.8 billion. Mind blowing. [/QUOTE]
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