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Brown Cafe UPS Forum
UPS Union Issues
Negotiations
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<blockquote data-quote="DELACROIX" data-source="post: 5578895" data-attributes="member: 49065"><p>“Unfair” to <strong>who?</strong></p><p></p><p>If the IBT/UPS and the Company controlled UPS Pension Plan ever got up to the levels you enjoy how is that going to hurt you?</p><p></p><p>They can not reduce by law those under the WCTP or your pension to pay for the members under any other inferior pension trusts. The WCTP by itself is a guarantee to reach a 400 dollar a service year at the end of this coming contract. Just look at their current status and projected funding…<strong>50 billion…98 % vesting </strong>with the negotiated monetary contributions over the next 5 years their participants are set for life.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5578895, member: 49065"] “Unfair” to [B]who?[/B] If the IBT/UPS and the Company controlled UPS Pension Plan ever got up to the levels you enjoy how is that going to hurt you? They can not reduce by law those under the WCTP or your pension to pay for the members under any other inferior pension trusts. The WCTP by itself is a guarantee to reach a 400 dollar a service year at the end of this coming contract. Just look at their current status and projected funding…[B]50 billion…98 % vesting [/B]with the negotiated monetary contributions over the next 5 years their participants are set for life. [/QUOTE]
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