Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="brett636" data-source="post: 196137" data-attributes="member: 249"><p>There is an interesting article on this over on makeupsdeliver.org. It kinda condemns this offer by the company using sketchy numbers, but I don't see anything bad about it. UPS is willing to pay its withdrawal fee, one that can be negotiated between UPS and CS. They will create a jointly run UPS/teamster pension plan for those covered by central states. This plan will raise promised payouts by a little, but bring back the 30 and out retirement option. </p><p> </p><p>If I am correct the part-timer pension is already run like this and is 100% funded. This could be the start of a solid retirement for UPS people. Maybe eventually this plan can be extended to cover all UPS fulltimers.</p></blockquote><p></p>
[QUOTE="brett636, post: 196137, member: 249"] There is an interesting article on this over on makeupsdeliver.org. It kinda condemns this offer by the company using sketchy numbers, but I don't see anything bad about it. UPS is willing to pay its withdrawal fee, one that can be negotiated between UPS and CS. They will create a jointly run UPS/teamster pension plan for those covered by central states. This plan will raise promised payouts by a little, but bring back the 30 and out retirement option. If I am correct the part-timer pension is already run like this and is 100% funded. This could be the start of a solid retirement for UPS people. Maybe eventually this plan can be extended to cover all UPS fulltimers. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
Top