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Brown Cafe UPS Forum
UPS Union Issues
Teamster Buyout?
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<blockquote data-quote="Thebrownblob" data-source="post: 6155910" data-attributes="member: 60485"><p>Also tried, but too many complexities and legalities. The central states is a massive fund, not like smaller ones that can do that..</p><p></p><p>When the trustees attempted to reduce pensioners payments, the government stepped in and wouldn’t allow them to do that either.</p><p></p><p>They also petition to try and invest in different areas so they could earn money back and they were not allowed. Like I said, it’s a very complex issue.</p></blockquote><p></p>
[QUOTE="Thebrownblob, post: 6155910, member: 60485"] Also tried, but too many complexities and legalities. The central states is a massive fund, not like smaller ones that can do that.. When the trustees attempted to reduce pensioners payments, the government stepped in and wouldn’t allow them to do that either. They also petition to try and invest in different areas so they could earn money back and they were not allowed. Like I said, it’s a very complex issue. [/QUOTE]
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