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UPS Union Issues
Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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<blockquote data-quote="Bubblehead" data-source="post: 2206048" data-attributes="member: 14176"><p>Yes, but they could have lobbied the government at any time between '98 and now, like they did to get the legislation that took affect in December of 2014.</p><p>This wasn't some "<em>magical development</em>" that just materialized?</p><p>It was a calculated effort by both UPS, the Teamsters, as well as some other ailing labor organizations and pension funds.</p><p>H and H didn't have their hands tied, they chose to sit on them until the company enlisted their help when it became apparent that the "$6.1 billion band-aid" from 2008 was still going to leave UPS with a significant liability in regards to their contractual guarantee <em>if/when</em> CS failed.</p><p></p><p><a href="http://www.solutionsnotbailouts.com/" target="_blank">Solutions Not Bailouts</a></p><p></p><p><a href="http://www.nccmp.org/forEmails/SolutionsNotBailouts.pdf" target="_blank">http://www.nccmp.org/forEmails/SolutionsNotBailouts.pdf</a></p></blockquote><p></p>
[QUOTE="Bubblehead, post: 2206048, member: 14176"] Yes, but they could have lobbied the government at any time between '98 and now, like they did to get the legislation that took affect in December of 2014. This wasn't some "[I]magical development[/I]" that just materialized? It was a calculated effort by both UPS, the Teamsters, as well as some other ailing labor organizations and pension funds. H and H didn't have their hands tied, they chose to sit on them until the company enlisted their help when it became apparent that the "$6.1 billion band-aid" from 2008 was still going to leave UPS with a significant liability in regards to their contractual guarantee [I]if/when[/I] CS failed. [URL='http://www.solutionsnotbailouts.com/']Solutions Not Bailouts[/URL] [URL]http://www.nccmp.org/forEmails/SolutionsNotBailouts.pdf[/URL] [/QUOTE]
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Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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