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Brown Cafe UPS Forum
UPS Retirement Topics
UPS doesn't match 401(k) contributions, but...
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<blockquote data-quote="Mugarolla" data-source="post: 1924408" data-attributes="member: 8481"><p>Not those in the UPS/IBT pension. It is 104% funded.</p><p></p><p>Granted, other Teamster plans do need new money coming in to pay current and future pensions.</p><p></p><p>UPS would probably just start with those new employees who would have a UPS/IBT pension. not any teamster pensions, and work from there.</p></blockquote><p></p>
[QUOTE="Mugarolla, post: 1924408, member: 8481"] Not those in the UPS/IBT pension. It is 104% funded. Granted, other Teamster plans do need new money coming in to pay current and future pensions. UPS would probably just start with those new employees who would have a UPS/IBT pension. not any teamster pensions, and work from there. [/QUOTE]
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UPS doesn't match 401(k) contributions, but...
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