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Brown Cafe UPS Forum
The Latest UPS Headlines
This year will be an even better one for UPS
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<blockquote data-quote="DELACROIX" data-source="post: 5160236" data-attributes="member: 49065"><p>Take at look at the difference between the 2020 and the 2021 4th quarters on their pension contributions... 2020...3.1 billion/2021 ... 65 million...</p><p></p><p>That is one of the reasons they nailed it... their pension trusts investment returns had to be over 20 % in 2021...a better return equals less contributions to maintain those plans.</p><p></p><p>Next year it will be more profitable when they eliminate the management’s pension contributions if the economy continues to grow.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5160236, member: 49065"] Take at look at the difference between the 2020 and the 2021 4th quarters on their pension contributions... 2020...3.1 billion/2021 ... 65 million... That is one of the reasons they nailed it... their pension trusts investment returns had to be over 20 % in 2021...a better return equals less contributions to maintain those plans. Next year it will be more profitable when they eliminate the management’s pension contributions if the economy continues to grow. [/QUOTE]
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This year will be an even better one for UPS
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