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UPS Partners
UPS Management Retirement Pay out next year?
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<blockquote data-quote="UPS1907" data-source="post: 979138" data-attributes="member: 41106"><p>I think with the portable 401k's for the younger workers and the new salary bands, the pension is safe for now. IMO I don't think they start to look at pensions yet. They still have the MIP to screw with. For anyone in the 50 range it's like a race to 55. The fact that a majority of people won't be getting raises after 50 should reduce costs. Throw a couple of low MIP's and there's some savings. </p><p></p><p>On a broader level, how can you sit back and look yourself in the mirror and not give management a defined pension benefit when all the drivers get one, then again, I don't think there are a lot of mirrors at the corporate offices in Atlanta.</p></blockquote><p></p>
[QUOTE="UPS1907, post: 979138, member: 41106"] I think with the portable 401k's for the younger workers and the new salary bands, the pension is safe for now. IMO I don't think they start to look at pensions yet. They still have the MIP to screw with. For anyone in the 50 range it's like a race to 55. The fact that a majority of people won't be getting raises after 50 should reduce costs. Throw a couple of low MIP's and there's some savings. On a broader level, how can you sit back and look yourself in the mirror and not give management a defined pension benefit when all the drivers get one, then again, I don't think there are a lot of mirrors at the corporate offices in Atlanta. [/QUOTE]
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UPS Management Retirement Pay out next year?
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