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Brown Cafe UPS Forum
UPS Union Issues
Voting Starts Next Week! How will you vote and why.
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<blockquote data-quote="Inthegame" data-source="post: 3741786" data-attributes="member: 37112"><p>So if their obligations are lessening as you allege, why did their pension set aside go up by 3 billion?</p><p>Single employer plans have different rules than multi employer plans. UPS can adjust their assumption rate to fit their projections. For years UPS has assumed an 8.75% ROI and based their funding level report on that number, which is stretching reality. </p><p>Last years 14.5% was an anomaly. Even CSPF did well last year.</p><p>Anyway, with CBA negotiated increases, UPS's pension obligation to their own and to many participatory plans continues to rise.</p><p>And how have you 'divined' this allegation? How does the IBT do something before the fact?</p></blockquote><p></p>
[QUOTE="Inthegame, post: 3741786, member: 37112"] So if their obligations are lessening as you allege, why did their pension set aside go up by 3 billion? Single employer plans have different rules than multi employer plans. UPS can adjust their assumption rate to fit their projections. For years UPS has assumed an 8.75% ROI and based their funding level report on that number, which is stretching reality. Last years 14.5% was an anomaly. Even CSPF did well last year. Anyway, with CBA negotiated increases, UPS's pension obligation to their own and to many participatory plans continues to rise. And how have you 'divined' this allegation? How does the IBT do something before the fact? [/QUOTE]
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Voting Starts Next Week! How will you vote and why.
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