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<blockquote data-quote="newtothis" data-source="post: 1168889" data-attributes="member: 47607"><p>Howie Redmond knew by law there was to be absolutely no form of relationship with Ron Carey without risking Carey going to jail and possibly bankrupting his family. You fail to forget who Ron Carey appointed to lead local 804! Let you tell it? It should have been one of the present board members who worked for Ron previously!! It wasn&#039;t! It was Howie Redmond! Not Tim, Jim or Pete! Howie continued on the path as Ron with great benefits for the members and pension increases. Ups has wanted control over our pension since the beginning and where never able to get control of the fund. Ron never cared about funding levels because of one main reason! The unfunded liability always went against ups!! The company lobbied for reform after 97 strike. Ups was the frontrunner company to lead the way to lobby passage of the pension protection act. The pension protection act switched the responsibility to the plan participants! Us?? Which lead to reductions! Namely! The accrual rate which was restored!&nbsp; We all remember too! That president of 447 voted against our union proposals last time due to fear! But Howie got accrual rate restored even though we went through a recession and stock market crash! His investment met and beat expectations and had us going in the right direction. The current board has yet to yield a expectations on returns while company is putting more money in our fund to avoid paying fees for being under funded in fact this Eboard has mortgage our pension fund under the ERISA act. til god knows when! Kicked the can down the road for someone else to fix.</p></blockquote><p></p>

[QUOTE="newtothis, post: 1168889, member: 47607"] Howie Redmond knew by law there was to be absolutely no form of relationship with Ron Carey without risking Carey going to jail and possibly bankrupting his family. You fail to forget who Ron Carey appointed to lead local 804! Let you tell it? It should have been one of the present board members who worked for Ron previously!! It wasn't! It was Howie Redmond! Not Tim, Jim or Pete! Howie continued on the path as Ron with great benefits for the members and pension increases. Ups has wanted control over our pension since the beginning and where never able to get control of the fund. Ron never cared about funding levels because of one main reason! The unfunded liability always went against ups!! The company lobbied for reform after 97 strike. Ups was the frontrunner company to lead the way to lobby passage of the pension protection act. The pension protection act switched the responsibility to the plan participants! Us?? Which lead to reductions! Namely! The accrual rate which was restored! We all remember too! That president of 447 voted against our union proposals last time due to fear! But Howie got accrual rate restored even though we went through a recession and stock market crash! His investment met and beat expectations and had us going in the right direction. The current board has yet to yield a expectations on returns while company is putting more money in our fund to avoid paying fees for being under funded in fact this Eboard has mortgage our pension fund under the ERISA act. til god knows when! Kicked the can down the road for someone else to fix. [/QUOTE]

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