UPS 2020 Hiring
#371
PB, IPA retirement committee, stated once that every year there are tax advantages to UPS for the A plan contributions. To end the A plan would create a quagmire that no one could figure out. This was in relation to a buy out of the A plan. IDK, about a freeze or the above.
#372
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,683
True, but Congress can also pass a law taxing all earnings in 401k and DC plans. You can’t really make a financial plan for what Congress might do.
#373
ERISA is pretty thick with protections, US government would have to undo alot of previous law and philosophy on protecting employees. Certainly would be tumultuous times IMO for this to be approached in the US.
Thx
#374
Gets Weekends Off
Joined APC: Feb 2013
Posts: 1,339
Also, apparently they’ll be using all of their LT MDs for parts.. something about having to install HUD displays on those jets which they’re aren’t willing to pay for....
#376
Gets Weekends Off
Joined APC: Jul 2007
Posts: 919
A buddy over at purple thinks they got all of the remaining Lufthansa MD11s? I was hoping we’d get a few more but who knows..
Also, apparently they’ll be using all of their LT MDs for parts.. something about having to install HUD displays on those jets which they’re aren’t willing to pay for....
Also, apparently they’ll be using all of their LT MDs for parts.. something about having to install HUD displays on those jets which they’re aren’t willing to pay for....
#378
maxing the min/Moderator
Joined APC: Aug 2005
Position: 757
Posts: 1,356
#379
"With leadership’s announcement of reduced flying hours, we’re temporarily parking a handful of MD-11s. The plan is to save airframe hours on the 11’s and delay heavy maintenance costs by pulling them out of the international system. MD-10s will continue flying right up until their planned retirement dates, using up remaining airframe hours domestically prior to parking each one. And in case you’re wondering, the final Lufthansa MD-11 purchase amounted to only 4 aircraft, which will be used for spare parts."
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