Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Worst part of contract
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Bustrbyte" data-source="post: 255620" data-attributes="member: 5322"><p>This is a big problem for me.</p><p> The union says this:</p><p></p><p><span style="color: Red">UPS will guarantee payment of the full amount of benefits you</span></p><p><span style="color: Red">have earned at Central States</span> and will earn from future work under</p><p>the new plan. In the unlikely event any benefits are reduced by</p><p>Central States, UPS will pay the difference to ensure you get your</p><p>full retirement entitlement</p><p></p><p>But the contract totally contradicts what the union is saying.</p><p></p><p><strong>The UPS/IBT Plan will recognize full-time service in the CS Plan for determining eligibility for the benefits in this section and will offset at Normal Retirement Age the benefits accrued from the CS Plan commencing at Normal Retirement Age.<span style="color: Red"> If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset</span></strong></p><p><strong><span style="color: Red"></span></strong></p><p><strong><span style="color: Red"></span></strong></p></blockquote><p></p>
[QUOTE="Bustrbyte, post: 255620, member: 5322"] This is a big problem for me. The union says this: [COLOR=Red]UPS will guarantee payment of the full amount of benefits you have earned at Central States[/COLOR] and will earn from future work under the new plan. In the unlikely event any benefits are reduced by Central States, UPS will pay the difference to ensure you get your full retirement entitlement But the contract totally contradicts what the union is saying. [B]The UPS/IBT Plan will recognize full-time service in the CS Plan for determining eligibility for the benefits in this section and will offset at Normal Retirement Age the benefits accrued from the CS Plan commencing at Normal Retirement Age.[COLOR=Red] If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset [/COLOR][/B] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Worst part of contract
Top