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UPS Union Issues
What happens if the contract isn't ratified on 1/1/08 when the regs go into effect?
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<blockquote data-quote="scratch" data-source="post: 254798" data-attributes="member: 1674"><p><strong>Re: What happens if the contract isn't ratified on 1/1/08 when the regs go into effec</strong></p><p></p><p>I don't like this because this date is forcing us to take what looks like a bad deal to me. It looks to me that UPS is getting out of CS and leaving those of us with a lot of years in it to lose out in the long run. I was hoping to get out of CS completely, not get three different pension checks for working for the same company. I was also hoping that my UPS Pension for my part time years would be put in the new plan, but it is not. I will still have to wait till I'm sixty-five for that. I have been wanting out of Central States for twenty years now, but it looks like I am still stuck in it for 23 years of credit. No telling what kind of shape it will be in thirteen years from now, but I'm sure it won't be good.<img src="/community/styles/default/xenforo/smilies/group1/mad.gif" class="smilie" loading="lazy" alt=":mad:" title="Mad :mad:" data-shortname=":mad:" /></p></blockquote><p></p>
[QUOTE="scratch, post: 254798, member: 1674"] [b]Re: What happens if the contract isn't ratified on 1/1/08 when the regs go into effec[/b] I don't like this because this date is forcing us to take what looks like a bad deal to me. It looks to me that UPS is getting out of CS and leaving those of us with a lot of years in it to lose out in the long run. I was hoping to get out of CS completely, not get three different pension checks for working for the same company. I was also hoping that my UPS Pension for my part time years would be put in the new plan, but it is not. I will still have to wait till I'm sixty-five for that. I have been wanting out of Central States for twenty years now, but it looks like I am still stuck in it for 23 years of credit. No telling what kind of shape it will be in thirteen years from now, but I'm sure it won't be good.:mad: [/QUOTE]
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What happens if the contract isn't ratified on 1/1/08 when the regs go into effect?
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