- Credits
- 539
Please correct me if I am wrong.....
If UPS and ABF go to a single employer pension plan, ERISA will allow them to combine Social Security Payments with their pension payments at age 65. Thus reducing UPS' and ABF's liability by that amount.
In short, employees under a single employer pension plan will not get both a UPS pension and Social Security.
It Will save UPS Billions.
If UPS and ABF go to a single employer pension plan, ERISA will allow them to combine Social Security Payments with their pension payments at age 65. Thus reducing UPS' and ABF's liability by that amount.
In short, employees under a single employer pension plan will not get both a UPS pension and Social Security.
It Will save UPS Billions.