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Brown Cafe UPS Forum
UPS Retirement Topics
What would happen to our pensions with a dissolving of a Teamster/UPS contract?
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<blockquote data-quote="Thebrownblob" data-source="post: 5568525" data-attributes="member: 60485"><p>Sure if their fund is in danger, or they work for a bankrupt company they can be reduced. Since you have money in central states you have many decades not to worry about it, now since the fund was taken care of by the PBGC. If you also have money in the UPS plan, the company is strong, and they will be required to make sure their pension is funded.</p></blockquote><p></p>
[QUOTE="Thebrownblob, post: 5568525, member: 60485"] Sure if their fund is in danger, or they work for a bankrupt company they can be reduced. Since you have money in central states you have many decades not to worry about it, now since the fund was taken care of by the PBGC. If you also have money in the UPS plan, the company is strong, and they will be required to make sure their pension is funded. [/QUOTE]
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What would happen to our pensions with a dissolving of a Teamster/UPS contract?
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