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UPS Discussions
The Future of your Pension
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<blockquote data-quote="curiousbrain" data-source="post: 811938" data-attributes="member: 31608"><p>If you are referring to this,</p><p></p><p></p><p></p><p>I am led to believe that they would be fine unless 78% of the pension plans they cover were terminated in a short amount of time - as that would then exceed their asset base.</p><p></p><p>However, what I am led to believe and what is true have been known to diverge, so I might be wrong.</p><p></p><p>What would happen if they could not cover all their immediate obligations, I do not know.</p></blockquote><p></p>
[QUOTE="curiousbrain, post: 811938, member: 31608"] If you are referring to this, I am led to believe that they would be fine unless 78% of the pension plans they cover were terminated in a short amount of time - as that would then exceed their asset base. However, what I am led to believe and what is true have been known to diverge, so I might be wrong. What would happen if they could not cover all their immediate obligations, I do not know. [/QUOTE]
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