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<blockquote data-quote="DELACROIX" data-source="post: 5558149" data-attributes="member: 49065">What is vague is management&#039;s previous or current entitlements.&nbsp; I know they just recently eliminating any vesting rights and froze their own pension trusts,&nbsp; before that they were stuffing it with a lot of monetary contributions at the end of the year into their own individual pension trusts while paying peanuts or not increasing benefits to our members who are currently under their defined pension plans.There was a reason that the Company decided to eliminate further funding into their own pension trusts (5) years ago..It gives them a bargaining chip to convert most of us into a 401K similar to what is happening in their management&#039;s retirement plan,Of course they had to provide a healthy GWI to soften the blow.&nbsp; Do we really know just how many perks and entitlements that is currently in place for management, particularly on the corporate levels?First time hearing about the management&#039;s 6 day extra vacation day benefit..presuming O&#039;Brien is pushing for more sick days or more vacation weeks after 25 years.</blockquote>

[QUOTE="DELACROIX, post: 5558149, member: 49065"] What is vague is management's previous or current entitlements. I know they just recently eliminating any vesting rights and froze their own pension trusts, before that they were stuffing it with a lot of monetary contributions at the end of the year into their own individual pension trusts while paying peanuts or not increasing benefits to our members who are currently under their defined pension plans. There was a reason that the Company decided to eliminate further funding into their own pension trusts (5) years ago..It gives them a bargaining chip to convert most of us into a 401K similar to what is happening in their management's retirement plan, Of course they had to provide a healthy GWI to soften the blow. Do we really know just how many perks and entitlements that is currently in place for management, particularly on the corporate levels? First time hearing about the management's 6 day extra vacation day benefit..presuming O'Brien is pushing for more sick days or more vacation weeks after 25 years. [/QUOTE]

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