[PEN-L:11697] UPS

[Doug Henwood <dhenwood@xxxxxxxxx>]

I heard a report that UPS has offered a big increase in pensions to
full-time employees, but one which woul require the company leave the
Teamsters' collective pension fund - a move that would cause that poor,
looted fund to collapse. So if this proposal were to be put to a vote, it
would win, which is why Carey is trying to prevent a vote.

Any thoughts/comments on this?

Doug

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Doug Henwood
Left Business Observer
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