After working for UPS for 36 years, I cannot believe that my pension I being cut 50%. UPS is a billion dollar company and should cover their retirees, not only those who retired after 2007. It’s one thing if a company goes out of business or goes bankrupt, maybe then a pension cut is reasonable, but not when a company is still in business and making billions of dollars of profit each year. All UPS retirees should receive 100% of their pensions.
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