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Brown Cafe UPS Forum
UPS Union Issues
UPS Freight being sold
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<blockquote data-quote="DELACROIX" data-source="post: 4757832" data-attributes="member: 49065"><p>For Management and everybody else under a UPS controlled pension plan..<strong>All Part timers under the central and southern conferences..</strong></p><p><strong></strong></p><p><strong>UPS </strong>wants out of defined pensions business and will replace them with individual 401k’s, the timetable is set already...</p><p></p><p>They will sweeten the deal by increasing the vesting benefit for every full timer who had years under the UPS Pension Plan..like 50 dollars per service year without the six percent penalty.</p><p></p><p>Just how many of these newer part timers are hanging around over 5 years anyway..</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 4757832, member: 49065"] For Management and everybody else under a UPS controlled pension plan..[B]All Part timers under the central and southern conferences.. UPS [/B]wants out of defined pensions business and will replace them with individual 401k’s, the timetable is set already... They will sweeten the deal by increasing the vesting benefit for every full timer who had years under the UPS Pension Plan..like 50 dollars per service year without the six percent penalty. Just how many of these newer part timers are hanging around over 5 years anyway.. [/QUOTE]
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