Reply to thread

Message: <blockquote data-quote="Karma..." data-source="post: 5068811" data-attributes="member: 29370"><p>be aware that new management do not have a defined pension ...instead a very very enhanced 401k plan which is far superior to a defined pension........its portable so those people are not welded to the company for life.......if the teamsters can figure out a way to implement a similar plan for teamsters their defined pension will be replaced.....that is unlikely because it would mean the demise of the present sluice plan ......also for management 2022 means the end of ups contributions into the management plan........the relationships between management and management employees ( no partners)  has changed and at some point similar will happen with the teamsters........amd I dont think ups will being reverting back to being a private company any time at all...</p></blockquote><p></p>