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Brown Cafe UPS Forum
UPS Union Issues
The Media are Calling You Liars!
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<blockquote data-quote="705red" data-source="post: 263355" data-attributes="member: 5229"><p>Tie ups recently turned the 447 iam trustee to vote with them cutting the fund. Now ups is loaning the fund 18 million to get it up to 69% and all the members have to give 10 cents a year in raises back to ups. Now something is wrong with this picture, if i am wrong please correct me, but this is what i have been told by several 804 members over a couple beers on friday.</p><p> </p><p>705s is up around 79 80% as of our last meeting 2 weeks ago. The fund was in the 60s when our sec/treas took office jan of 04 and he has made some moves and we have raised our benefits for upsers and the fund is still gaining. Now i cane explain why 710 is doing better they recently gained a new sec/treas to.</p></blockquote><p></p>
[QUOTE="705red, post: 263355, member: 5229"] Tie ups recently turned the 447 iam trustee to vote with them cutting the fund. Now ups is loaning the fund 18 million to get it up to 69% and all the members have to give 10 cents a year in raises back to ups. Now something is wrong with this picture, if i am wrong please correct me, but this is what i have been told by several 804 members over a couple beers on friday. 705s is up around 79 80% as of our last meeting 2 weeks ago. The fund was in the 60s when our sec/treas took office jan of 04 and he has made some moves and we have raised our benefits for upsers and the fund is still gaining. Now i cane explain why 710 is doing better they recently gained a new sec/treas to. [/QUOTE]
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The Media are Calling You Liars!
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