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<blockquote data-quote="oldupsman" data-source="post: 1075762" data-attributes="member: 42268">I knew at least 10 managers or supervisors who left as millioniares. And as far as I&#039;m concerned they deserved it. You&#039;re right, that money doesn&#039;t come down to that levelanymore. Where did all that money go? Shareholders? Well I&#039;m one of them too and I&#039;m sure not seeing it. Stock price is flat, dividends minimal. I understand health care costmore but let&#039;s be reasonable. But there&#039;s another reason this is happening now. Our big expansion happened in the early to mid 80&#039;s. There&#039;s a whole bunch of peoplecoming up or at 30 years of service who want to retire. I&#039;ll bet alot of them are in their mid to late 50&#039;s. That means UPS will have to cover them almost 10 years. Even longer if they raise the Medicare age to 67. This just doesn&#039;t affect retirees. It affects anybody who is even thinkingabout retiring the next 5 years.</blockquote>

[QUOTE="oldupsman, post: 1075762, member: 42268"] I knew at least 10 managers or supervisors who left as millioniares. And as far as I'm concerned they deserved it. You're right, that money doesn't come down to that level anymore. Where did all that money go? Shareholders? Well I'm one of them too and I'm sure not seeing it. Stock price is flat, dividends minimal. I understand health care cost more but let's be reasonable. But there's another reason this is happening now. Our big expansion happened in the early to mid 80's. There's a whole bunch of people coming up or at 30 years of service who want to retire. I'll bet alot of them are in their mid to late 50's. That means UPS will have to cover them almost 10 years. Even longer if they raise the Medicare age to 67. This just doesn't affect retirees. It affects anybody who is even thinking about retiring the next 5 years. [/QUOTE]

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