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UPS Retirement Topics
UPS, Teamsters considering joint pension plan
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<blockquote data-quote="JonFrum" data-source="post: 197628"><p>Anything is possible, but I doubt the Teamsters said in a press release that they *would* create such a plan. They are probably only evaluating what UPS proposed at this point.</p><p></p><p>I also doubt Van Skillman said the proposed plan applied to all 21 Teamsters/UPS pension plans when it, in fact, and the mandatory $4 billion-plus Withdrawal Liability payment, only applies to the UPS full-timers in the Central States pension plan.</p><p></p><p>The official anouncement of Teamsters' negotiator hall, and a TDU response is here. . . .</p><p><a href="http://www.browncafe.com/community/threads/ups-subsidizing-non-ups-pensions.27725/" target="_blank">http://www.browncafe.com/community/threads/ups-subsidizing-non-ups-pensions.27725/</a></p><p></p><p>A discussion thread of the proposal in BrownCafe's UPS Labor Relations forum is here. . . .</p><p><a href="http://www.browncafe.com/community/threads/ups-offer-on-the-table-for-takeover-of-central-states-fund.79758/" target="_blank">http://www.browncafe.com/community/threads/ups-offer-on-the-table-for-takeover-of-central-states-fund.79758/</a></p></blockquote><p></p>
[QUOTE="JonFrum, post: 197628"] Anything is possible, but I doubt the Teamsters said in a press release that they *would* create such a plan. They are probably only evaluating what UPS proposed at this point. I also doubt Van Skillman said the proposed plan applied to all 21 Teamsters/UPS pension plans when it, in fact, and the mandatory $4 billion-plus Withdrawal Liability payment, only applies to the UPS full-timers in the Central States pension plan. The official anouncement of Teamsters' negotiator hall, and a TDU response is here. . . . [url]http://www.browncafe.com/community/threads/ups-subsidizing-non-ups-pensions.27725/[/url] A discussion thread of the proposal in BrownCafe's UPS Labor Relations forum is here. . . . [url]http://www.browncafe.com/community/threads/ups-offer-on-the-table-for-takeover-of-central-states-fund.79758/[/url] [/QUOTE]
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