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Brown Cafe UPS Forum
UPS Union Issues
August 2023 vacation
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<blockquote data-quote="Up In Smoke" data-source="post: 5420482" data-attributes="member: 79702"><p>I believe the company contributes to a "fund" and the "fund" operates like an annuity, where the contributions are invested across a spectrum of investments with a monthly "dividend" paid back into the "fund". The "fund" negotiates the terms of service for their members. There are hundreds of Teamcare funds for employers to join, but I believe UPS manages theirs independently. They purchase a catastrophic policy for the extreme situations.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5420482, member: 79702"] I believe the company contributes to a "fund" and the "fund" operates like an annuity, where the contributions are invested across a spectrum of investments with a monthly "dividend" paid back into the "fund". The "fund" negotiates the terms of service for their members. There are hundreds of Teamcare funds for employers to join, but I believe UPS manages theirs independently. They purchase a catastrophic policy for the extreme situations. [/QUOTE]
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