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Brown Cafe UPS Forum
UPS Union Issues
THE REALITY OF THE U.P.S. CONTRACT
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<blockquote data-quote="Bubblehead" data-source="post: 1288339" data-attributes="member: 14176"><p>Ok, sure you're right, it was late December of 2007.</p><p>I rounded up. </p><p>The second part is most certainly true when you consider the key word "could" in my post. </p><p>Presently UPS is guaranteeing our pension in the event that the Central States pension fund collapses, which is looking very likely. </p><p>This guarantee is only good for the duration of any one contract and "could" be taken of the table in any subsequent contact. </p><p>By the time many of us reach our planned retirement age, we "could" very well be staring at a reduced pension with no benefits.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 1288339, member: 14176"] Ok, sure you're right, it was late December of 2007. I rounded up. The second part is most certainly true when you consider the key word "could" in my post. Presently UPS is guaranteeing our pension in the event that the Central States pension fund collapses, which is looking very likely. This guarantee is only good for the duration of any one contract and "could" be taken of the table in any subsequent contact. By the time many of us reach our planned retirement age, we "could" very well be staring at a reduced pension with no benefits. [/QUOTE]
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THE REALITY OF THE U.P.S. CONTRACT
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