Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
Teamsters face 31 percent pension cut
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Inthegame" data-source="post: 2719421" data-attributes="member: 37112"><p>No surprise there as you've shown through other posts you "guess" fairly often. Unfortunately you've chosen to believe the easy fiction rather than work a bit to learn the real facts.</p><p>When the CSPF presented their proposed benefit reductions, there were different proposed reductions depending on different criteria. Orphans would have received the most severe cuts, around 60%. On the other hand, employees from participating employers who are still contributing at the highest contribution rates would've faced approximately a 30% cut in their monthly pension amounts.</p><p>Local Union officers and BA's in that fund would have had their benefits reduced at the same amount as any other participating employer making the same contributions.</p><p>Being that the plan was rejected, it didn't happen, <strong>yet</strong>.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 2719421, member: 37112"] No surprise there as you've shown through other posts you "guess" fairly often. Unfortunately you've chosen to believe the easy fiction rather than work a bit to learn the real facts. When the CSPF presented their proposed benefit reductions, there were different proposed reductions depending on different criteria. Orphans would have received the most severe cuts, around 60%. On the other hand, employees from participating employers who are still contributing at the highest contribution rates would've faced approximately a 30% cut in their monthly pension amounts. Local Union officers and BA's in that fund would have had their benefits reduced at the same amount as any other participating employer making the same contributions. Being that the plan was rejected, it didn't happen, [B]yet[/B]. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
Teamsters face 31 percent pension cut
Top