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Worth Your Time
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<blockquote data-quote="satellitedriver" data-source="post: 255936" data-attributes="member: 1664"><p>Good info.</p><p>This answers alot of questions.</p><p>For myself, as a CS vested pension future retiree, this cut and paste from the written text is the best part.</p><p></p><p>THE NEW PLAN</p><p>WHO IS COVERED?</p><p>•UPS Employees Who Were Participants in the Central States Pension Fund as of December 26, 2007 Will ImmediatelyBecome Covered Participants Under the New Plan (i.e., January 1, 2008),provided they have 1 Hour of Covered Employment</p><p>–These Employees are Referred to as “Grandfathered Central States Pension Plan Participants”</p><p></p><p>This must bring a sigh of relief to all employees covered under the CS plan.</p><p>Now, let's just see if it passes.</p><p>PAX</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 255936, member: 1664"] Good info. This answers alot of questions. For myself, as a CS vested pension future retiree, this cut and paste from the written text is the best part. THE NEW PLAN WHO IS COVERED? •UPS Employees Who Were Participants in the Central States Pension Fund as of December 26, 2007 Will ImmediatelyBecome Covered Participants Under the New Plan (i.e., January 1, 2008),provided they have 1 Hour of Covered Employment –These Employees are Referred to as “Grandfathered Central States Pension Plan Participants” This must bring a sigh of relief to all employees covered under the CS plan. Now, let's just see if it passes. PAX [/QUOTE]
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