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
UPS Discussions
Teamsters Pension Fund to cut Benefits 50%+ as Fund Could Bankrupt Govt. PBGC
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="Mugarolla" data-source="post: 1892981" data-attributes="member: 8481"><p>The CSPF wants to cut all retirees benefits, even those from UPS. </p><p></p><p>Those that retired before 2008 may see a 50% cut.</p><p></p><p>Those that retired 2008 and later may see a 40% cut.</p><p></p><p>The only difference is that UPS has contractually agreed to make up any cuts to 2008 and later retirees.</p><p></p><p>They will still see the cut from the CSPF, but it will be made up for by UPS.</p><p></p><p>The pre 2008 retirees will not see UPS make up any cuts.</p></blockquote><p></p>
[QUOTE="Mugarolla, post: 1892981, member: 8481"] The CSPF wants to cut all retirees benefits, even those from UPS. Those that retired before 2008 may see a 50% cut. Those that retired 2008 and later may see a 40% cut. The only difference is that UPS has contractually agreed to make up any cuts to 2008 and later retirees. They will still see the cut from the CSPF, but it will be made up for by UPS. The pre 2008 retirees will not see UPS make up any cuts. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Teamsters Pension Fund to cut Benefits 50%+ as Fund Could Bankrupt Govt. PBGC
Top