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Brown Cafe UPS Forum
UPS Union Issues
Think it thru....Pension Takeover
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<blockquote data-quote="sawdusttv" data-source="post: 242398" data-attributes="member: 7476"><p>Red,</p><p>I believe that you are wrong there friend. Once the buy out amount is set, the only requirement that UPS must meet is come up with the money, I don't believe they need the teamsters approval. Now the teamsters might have there hand in setting the buy out amount, I don't know about that. But if UPS has the money, I don't think the teamsters have the power to stop the buy out. At least that is the way I understand the process.</p></blockquote><p></p>
[QUOTE="sawdusttv, post: 242398, member: 7476"] Red, I believe that you are wrong there friend. Once the buy out amount is set, the only requirement that UPS must meet is come up with the money, I don't believe they need the teamsters approval. Now the teamsters might have there hand in setting the buy out amount, I don't know about that. But if UPS has the money, I don't think the teamsters have the power to stop the buy out. At least that is the way I understand the process. [/QUOTE]
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Think it thru....Pension Takeover
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