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Brown Cafe UPS Forum
UPS Union Issues
Viewpoints for new contract, what's in-store?
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<blockquote data-quote="Bubblehead" data-source="post: 2860140" data-attributes="member: 14176"><p>So....do you believe UPS was willing to pay all that money to withdraw because they felt sorry for those who were facing the effects of underfunding, or because they thought it would save them money?</p><p></p><p>I'm going with the latter.</p><p>It was never more than putting a bandaid on a stuck pig.</p><p></p><p>The single biggest problem then, was exacerbated by the withdraw and is being felt now more than ever.</p><p>That problem being the disparity of retirees to active participants.</p><p></p><p>The only solace in the whole thing is that UPS is still holding at least one end of the bag.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 2860140, member: 14176"] So....do you believe UPS was willing to pay all that money to withdraw because they felt sorry for those who were facing the effects of underfunding, or because they thought it would save them money? I'm going with the latter. It was never more than putting a bandaid on a stuck pig. The single biggest problem then, was exacerbated by the withdraw and is being felt now more than ever. That problem being the disparity of retirees to active participants. The only solace in the whole thing is that UPS is still holding at least one end of the bag. [/QUOTE]
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Viewpoints for new contract, what's in-store?
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