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UPS Union Issues
The Boston Bully's New England Pension Fund in the Red Zone!
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<blockquote data-quote="Lead Belly" data-source="post: 2196252" data-attributes="member: 56656"><p>So how would h have gone about lowering a pension for members with a majority of not all their years in at orphan companies? If he did how could he legally do it? With hundreds of companies filing for bankruptcy and not being obligated to pay their withdrawal liability what could be done. </p><p></p><p>How could you organize and expect a company to get into the central states pension. </p><p></p><p>I'm curious what you would do in these situations?</p><p></p><p>How would you put it up to a membership to vote to reduce their own pensions? </p><p></p><p>The backlash in the last year alone should tell you some of the answers to some of these questions. </p><p></p><p>Preston ,Cf, Alvin ,and the list goes a mile long. I had time in at Central Transport. I showed up one day in 96 and the gate was locked. The owner is a very rich man. He actually owns a bridge going into Canada. He never had to pay his withdrawal liability along with the three mentioned above and this is just the tip of the iceberg.</p></blockquote><p></p>
[QUOTE="Lead Belly, post: 2196252, member: 56656"] So how would h have gone about lowering a pension for members with a majority of not all their years in at orphan companies? If he did how could he legally do it? With hundreds of companies filing for bankruptcy and not being obligated to pay their withdrawal liability what could be done. How could you organize and expect a company to get into the central states pension. I'm curious what you would do in these situations? How would you put it up to a membership to vote to reduce their own pensions? The backlash in the last year alone should tell you some of the answers to some of these questions. Preston ,Cf, Alvin ,and the list goes a mile long. I had time in at Central Transport. I showed up one day in 96 and the gate was locked. The owner is a very rich man. He actually owns a bridge going into Canada. He never had to pay his withdrawal liability along with the three mentioned above and this is just the tip of the iceberg. [/QUOTE]
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The Boston Bully's New England Pension Fund in the Red Zone!
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