Article: Teamsters OK pact creating UPS pension fund.(Pension Funds)(International Brotherhood of Teamsters)(United Parcel Service of America Inc.)

Byline: Barry B. Burr

*****

Correction: United Parcel Service Inc. officials have not yet decided whether to hire an investment consultant to assist with the defined benefit pension plan being created jointly by UPS and the International Brotherhood of Teamsters, nor where the new fund will be based, according to a UPS spokesman, clarifying his statements to P&I for the story in the Nov. 26 issue.

*****

International Brotherhood of Teamsters members ratified by a 65% vote a contract with United Parcel Services Inc., Atlanta, that includes setting up a jointly trusteed UPS/Teamster defined benefit fund to replace the $21.4 billion ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!