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Brown Cafe UPS Forum
UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
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<blockquote data-quote="nospinzone" data-source="post: 198600" data-attributes="member: 1335"><p><strong>Re: "Beyond Repair" . . . Really???</strong></p><p></p><p></p><p></p><p>Jon,</p><p>How and why should APWA make this chart? They do not determine the PBGC benefits. How would APWA know better than the PBGC regarding these payouts? Where on the CS or IBT website do you see PBGC benefit charts? This seems like a question for the PBGC. The PBGC has published maximum <a href="http://www.pbgc.gov/workers-retirees/find-your-pension-plan/content/page789.html" target="_blank"><span style="color: Red">benefit charts </span></a>on their website. If an individual has specific questions regarding PBGC benefits in the event that the 100 year old United Parcel Service, the largest parcel delivery company in the world with the 8th largest airline, becomes financially unstable, they should directly contact the PBGC. But thats just my opinion.</p><p></p><p>And Jon, I urge you and any others reading this that if a question is of importance to you, please contact the APWA officers directly instead of depending on webboard participants to relay your messages/questions for you. It's possible for the messengers to misinterpret your question or their response resulting in you gettin bad information. And after discussing these issues for 2+ years, I've personally grown weary of doing the leg work and research for able bodied individuals. Which is a good reason for me not serving in the APWA-- my lack of patience in dealing with people. But thats just my opinion.</p></blockquote><p></p>
[QUOTE="nospinzone, post: 198600, member: 1335"] [b]Re: "Beyond Repair" . . . Really???[/b] Jon, How and why should APWA make this chart? They do not determine the PBGC benefits. How would APWA know better than the PBGC regarding these payouts? Where on the CS or IBT website do you see PBGC benefit charts? This seems like a question for the PBGC. The PBGC has published maximum [URL="http://www.pbgc.gov/workers-retirees/find-your-pension-plan/content/page789.html"][COLOR="Red"]benefit charts [/COLOR][/URL]on their website. If an individual has specific questions regarding PBGC benefits in the event that the 100 year old United Parcel Service, the largest parcel delivery company in the world with the 8th largest airline, becomes financially unstable, they should directly contact the PBGC. But thats just my opinion. And Jon, I urge you and any others reading this that if a question is of importance to you, please contact the APWA officers directly instead of depending on webboard participants to relay your messages/questions for you. It's possible for the messengers to misinterpret your question or their response resulting in you gettin bad information. And after discussing these issues for 2+ years, I've personally grown weary of doing the leg work and research for able bodied individuals. Which is a good reason for me not serving in the APWA-- my lack of patience in dealing with people. But thats just my opinion. [/QUOTE]
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UPS offer on the Table for takeover of Central States fund !
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