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Brown Cafe UPS Forum
UPS Union Issues
What if Ups buys out Teamsters/Central States Pension woo`s?
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<blockquote data-quote="GuyinBrown" data-source="post: 209739" data-attributes="member: 9444"><p>I've never heard anyone in management complain about their pension. My understanding is that it's 80% of the average of their last 5 years pay and they can retire at age 55 with any combination of 25 years of service with the company ( hourly + management ). I also recall reading from an independent source that they are fortunate enough to be in one of the few OVERfunded pension plans around.</p></blockquote><p></p>
[QUOTE="GuyinBrown, post: 209739, member: 9444"] I've never heard anyone in management complain about their pension. My understanding is that it's 80% of the average of their last 5 years pay and they can retire at age 55 with any combination of 25 years of service with the company ( hourly + management ). I also recall reading from an independent source that they are fortunate enough to be in one of the few OVERfunded pension plans around. [/QUOTE]
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What if Ups buys out Teamsters/Central States Pension woo`s?
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