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Brown Cafe UPS Forum
UPS Union Issues
"To all UPS Employees concerned about their pensions & Benefits" !!!!!!
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<blockquote data-quote="wkmac" data-source="post: 121554" data-attributes="member: 2189"><p>nospin,</p><p>Thanks for addressing this because I wasn't aware of this aspect. Last time I spoke via email with Van which was probably a year ago he did say concerning the IBT controlled monies that no specifics were in place but a couple of options were being looked at. I guess this is the option they decided to go with. Not sure they could win this in court but one advantage they would have if it went that far is they are not liked by the gov't to begin with. On the flipside, if UPS saw that they might get stuck double paying on our retirement, they may side with the IBT and fight this but on the flipside if the facts suggested that with IBT over the longhaul they'd stand the chance of paying more and being liable for more than with APWA they may sit this one out hoping the less costly for them wins out. It would definitely set up a real interesting scenario IMO.</p></blockquote><p></p>
[QUOTE="wkmac, post: 121554, member: 2189"] nospin, Thanks for addressing this because I wasn't aware of this aspect. Last time I spoke via email with Van which was probably a year ago he did say concerning the IBT controlled monies that no specifics were in place but a couple of options were being looked at. I guess this is the option they decided to go with. Not sure they could win this in court but one advantage they would have if it went that far is they are not liked by the gov't to begin with. On the flipside, if UPS saw that they might get stuck double paying on our retirement, they may side with the IBT and fight this but on the flipside if the facts suggested that with IBT over the longhaul they'd stand the chance of paying more and being liable for more than with APWA they may sit this one out hoping the less costly for them wins out. It would definitely set up a real interesting scenario IMO. [/QUOTE]
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"To all UPS Employees concerned about their pensions & Benefits" !!!!!!
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