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Brown Cafe UPS Forum
UPS Retirement Topics
Western Conference Pension Trust Continues To Remain Strong
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<blockquote data-quote="DELACROIX" data-source="post: 5252723" data-attributes="member: 49065"><p>Just from skimming the article the eight plaintiffs are suing both the UPS Pension plan for mostly part time employees and the UPS Retirement Plan for high salary management employees. Both are defined pension trusts and are totally controlled by the UPS Board of Trustees and the Plan Administrators, apparently they were not adjusting the joint spousal survivor benefits according to life expectancy. </p><p></p><p>Class action suit that will affect everybody who has or had vested years in both plans, including union membership.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5252723, member: 49065"] Just from skimming the article the eight plaintiffs are suing both the UPS Pension plan for mostly part time employees and the UPS Retirement Plan for high salary management employees. Both are defined pension trusts and are totally controlled by the UPS Board of Trustees and the Plan Administrators, apparently they were not adjusting the joint spousal survivor benefits according to life expectancy. Class action suit that will affect everybody who has or had vested years in both plans, including union membership. [/QUOTE]
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Western Conference Pension Trust Continues To Remain Strong
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