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Brown Cafe UPS Forum
UPS Union Issues
The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
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<blockquote data-quote="MyTripisCut" data-source="post: 5681082" data-attributes="member: 34797"><p>Stop with the frozen already.</p><p></p><p>This is frozen:</p><p></p><p>When a company wants to discontinue offering a pension benefit to its employees, it may choose to freeze its pension instead of terminating it. When a company freezes its pension, new employees will not be allowed to enroll in the plan, and benefits provided to current participants may no longer grow.</p><p></p><p>Not because your contributions from the company STAYED THE SAME! </p><p></p><p></p><p>[ATTACH=full]442216[/ATTACH]</p></blockquote><p></p>
[QUOTE="MyTripisCut, post: 5681082, member: 34797"] Stop with the frozen already. This is frozen: When a company wants to discontinue offering a pension benefit to its employees, it may choose to freeze its pension instead of terminating it. When a company freezes its pension, new employees will not be allowed to enroll in the plan, and benefits provided to current participants may no longer grow. Not because your contributions from the company STAYED THE SAME! [ATTACH type="full"]442216[/ATTACH] [/QUOTE]
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The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
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