No early retirement incentive at UPS
VJPP RETIREMENT OPTIONS FINAL
UPS communicated today that no additional Voluntary Job Protection Program retirement options would be made in connection with the sign-up period now under way. “We have worked for a number of weeks to provide additional retirement incentives for crewmembers,” said IPA President Bob Miller. He added that the decision making process on the Company’s side had included the CEO and CFO in Atlanta. “After today’s conversation with UPS Labor representatives, I am convinced that a final decision has been made that there will be no additional VJPP retirement options offered as part of this month’s sign-up period,” Miller said.