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Brown Cafe UPS Forum
UPS Union Issues
Think it thru....Pension Takeover
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<blockquote data-quote="brett636" data-source="post: 242351" data-attributes="member: 249"><p>I still fail to see how there is any bad side to all of this. UPS wins because it no longer has an ever increasing obligation to central states. UPSers win because they get their 30 and out back with a secure pension. Central States wins because it gets a large cash infusion and no longer has an increasing liability to a growing number of UPSers. </p><p> </p><p>The part I would be most focusing on is what does the company want in return for making this huge monetary investment to central states. The amount of money involved certainly gives UPS some clout in negotiations on other issues (wages, wage progressions, work rules. etc.)</p></blockquote><p></p>
[QUOTE="brett636, post: 242351, member: 249"] I still fail to see how there is any bad side to all of this. UPS wins because it no longer has an ever increasing obligation to central states. UPSers win because they get their 30 and out back with a secure pension. Central States wins because it gets a large cash infusion and no longer has an increasing liability to a growing number of UPSers. The part I would be most focusing on is what does the company want in return for making this huge monetary investment to central states. The amount of money involved certainly gives UPS some clout in negotiations on other issues (wages, wage progressions, work rules. etc.) [/QUOTE]
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Think it thru....Pension Takeover
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