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UPS Braces For $3.8 Billion Charge As Treasury’s Pension Benefit Decision Looms

1-5-2016 < The Unhived Mind 114 61 words
 
UPS Braces For $3.8 Billion Charge As Treasury’s Pension Benefit Decision Looms Tyler Durden’s pictureSubmitted by Tyler Durden on 04/30/2016 17:45 -0400 http://www.zerohedge.com/news/2016-04-30/ups-braces-38-billion-charge-treasurys-pension-benefit-decision-looms As we covered previously, in an effort to remain solvent the Central States Pension Fund has submitted an application to the Treasury for approval to cut member benefits. While some plan participants could see pension incomes cut […]
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