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Brown Cafe UPS Forum
UPS Union Issues
Why is FZ, REALLY so angry ?
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<blockquote data-quote="Bubblehead" data-source="post: 2360268" data-attributes="member: 14176"><p>So, in other words....at the time....the fund was over-funded?</p><p></p><p>Without the benefit of 20 years of hindsight, is it not correct to assert that the Board Of Trustees, both Union and Company(not UPS, who were in-explicitly not represented), felt it was better to increase benefits rather than give the excess to the government in the form of an "excise tax"?</p><p></p><p>Meanwhile, for the past 17 years, H&H have sat on their hands in the face of real time data, because to do what would have been prudent would have been politically unpopular.</p><p>Sounds like the pot is calling the kettle black.</p><p></p><p>I call....<img src="/community/styles/default/xenforo/smilies/2012/bsbullf.gif" class="smilie" loading="lazy" alt=":bsbullf:" title="Bsbullf :bsbullf:" data-shortname=":bsbullf:" /></p></blockquote><p></p>
[QUOTE="Bubblehead, post: 2360268, member: 14176"] So, in other words....at the time....the fund was over-funded? Without the benefit of 20 years of hindsight, is it not correct to assert that the Board Of Trustees, both Union and Company(not UPS, who were in-explicitly not represented), felt it was better to increase benefits rather than give the excess to the government in the form of an "excise tax"? Meanwhile, for the past 17 years, H&H have sat on their hands in the face of real time data, because to do what would have been prudent would have been politically unpopular. Sounds like the pot is calling the kettle black. I call....:bsbullf: [/QUOTE]
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Why is FZ, REALLY so angry ?
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