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UPS Union Issues
UPS Propaganda--Read the fine print!
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<blockquote data-quote="scratch" data-source="post: 263091" data-attributes="member: 1674"><p>UPStress, there is no dispute that this is written at the bottom back page of every thing that was mailed to us. The problem is that a lot of you just don't understand that this is a standard disclaimer found on all types of documents. What you are calling "fine print" is not meant to trick anybody. </p><p></p><p>The entire last paragraph of the mailing I am looking at says this:</p><p>"The official Plan document for the UPS/IBT Full Time Employee Pension Plan will control in the event of any differences between the Plan documents and the benefits described in this brochure. Although UPS and the IBT intend to maintain the Plan indefinitely, UPS and IBT trustees reserve the right to amend or discontinue any employee benefits at any time for any reason."</p><p></p><p>In layman's terms, this means that what you are reading is only an early proposal that is still not ratified. UPS and the Teamsters have to vote to change or discontinue anything. A disclaimer like this is to prevent future lawsuits, not to rip off anybody. It clearly states that the intent is to keep this plan indefinitely. What is so hard to understand about that?</p></blockquote><p></p>
[QUOTE="scratch, post: 263091, member: 1674"] UPStress, there is no dispute that this is written at the bottom back page of every thing that was mailed to us. The problem is that a lot of you just don't understand that this is a standard disclaimer found on all types of documents. What you are calling "fine print" is not meant to trick anybody. The entire last paragraph of the mailing I am looking at says this: "The official Plan document for the UPS/IBT Full Time Employee Pension Plan will control in the event of any differences between the Plan documents and the benefits described in this brochure. Although UPS and the IBT intend to maintain the Plan indefinitely, UPS and IBT trustees reserve the right to amend or discontinue any employee benefits at any time for any reason." In layman's terms, this means that what you are reading is only an early proposal that is still not ratified. UPS and the Teamsters have to vote to change or discontinue anything. A disclaimer like this is to prevent future lawsuits, not to rip off anybody. It clearly states that the intent is to keep this plan indefinitely. What is so hard to understand about that? [/QUOTE]
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