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UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
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<blockquote data-quote="Fullhouse" data-source="post: 196358" data-attributes="member: 9653"><p>Just got back from a union meeting today and one of the BAs' stated that there are roughly 33,000 UPSers in the CS plan. So my question is "Why does it take 4 billion to just cover the UPS participants?" Sorry didn't think of that question at the meeting.</p><p>Another one of his statements was "A majority of company's that fund Central States have less than a 100 employees that participate in CS." "Big company's are a minority in CS" and UPS is the largest contributor per person in the fund.</p><p>When other contracts come up I hope they (IBT)ask for a $2 hr hike in the company contributions.Everyone needs to pay their share. Right Red?</p><p>One more comment by the BA "UPS will not give up the part time employees!"</p></blockquote><p></p>
[QUOTE="Fullhouse, post: 196358, member: 9653"] Just got back from a union meeting today and one of the BAs' stated that there are roughly 33,000 UPSers in the CS plan. So my question is "Why does it take 4 billion to just cover the UPS participants?" Sorry didn't think of that question at the meeting. Another one of his statements was "A majority of company's that fund Central States have less than a 100 employees that participate in CS." "Big company's are a minority in CS" and UPS is the largest contributor per person in the fund. When other contracts come up I hope they (IBT)ask for a $2 hr hike in the company contributions.Everyone needs to pay their share. Right Red? One more comment by the BA "UPS will not give up the part time employees!" [/QUOTE]
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UPS offer on the Table for takeover of Central States fund !
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