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UPS Retirement Topics
What are you guys hearing about the pension held by central states
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<blockquote data-quote="pretender" data-source="post: 1101310" data-attributes="member: 1493"><p>Believe me--I am in no way an expert on this, but I do not believe that UPS making up the difference in whatever the Central States reduction might be, would be superceding Federal Law. Although, this could be wishful thinking on my part. I am guessing that the reference to superceding Federal Law is just a standard disclaimer that would be included in any contract. </p><p></p><p>I do think that it is possible that the language could change in the new contract. So, anyone who is planning on retiring in the near future, would be well served to pay close attention, and find out all they can, so that they can act quickly...</p></blockquote><p></p>
[QUOTE="pretender, post: 1101310, member: 1493"] Believe me--I am in no way an expert on this, but I do not believe that UPS making up the difference in whatever the Central States reduction might be, would be superceding Federal Law. Although, this could be wishful thinking on my part. I am guessing that the reference to superceding Federal Law is just a standard disclaimer that would be included in any contract. I do think that it is possible that the language could change in the new contract. So, anyone who is planning on retiring in the near future, would be well served to pay close attention, and find out all they can, so that they can act quickly... [/QUOTE]
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