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The real question should be
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<blockquote data-quote="barnyard" data-source="post: 1068096" data-attributes="member: 13921"><p>Has nothing to do with how much they contribute, more to do with MEPP. Even in cases where UPS bought out of the MEPP (Central states), eventually, that pension will be in trouble. Defined benefit pensions have a history of not meeting it's obligations, I have not read or heard about any changes in pension management that would lead me to believe that UPS taking over a pension will be any different.</p><p></p><p>Look at the legacy airlines or even the automakers. The very 1st thing they looked to get rid of was pension obligations. Eventually, UPS will be in the same boat.</p></blockquote><p></p>
[QUOTE="barnyard, post: 1068096, member: 13921"] Has nothing to do with how much they contribute, more to do with MEPP. Even in cases where UPS bought out of the MEPP (Central states), eventually, that pension will be in trouble. Defined benefit pensions have a history of not meeting it's obligations, I have not read or heard about any changes in pension management that would lead me to believe that UPS taking over a pension will be any different. Look at the legacy airlines or even the automakers. The very 1st thing they looked to get rid of was pension obligations. Eventually, UPS will be in the same boat. [/QUOTE]
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