UPS to freeze pensions for non-union employees


Sandy Springs-based UPS plans to freeze pensions for non-union employees.

The freeze will go into effect in 2023, according to UPS.

The company plans to shift employees from the pension plan to its 401(k) plan.

UPS will make contributions to the 401(k) plan of up to 8 percent of pay, depending on tenure — in addition to a company match of up to 3 percent. The company also plans to make “transition contributions” for some employees starting in 2023.

Employees will keep benefits earned in the pension plan through 2022.

Retirees already collecting pensions and former employees with vested benefits are not affected by the move.


Reader Comments ...


Next Up in Local

Items from Atlanta-filmed ‘Black Panther’ headed to Smithsonian
Items from Atlanta-filmed ‘Black Panther’ headed to Smithsonian

Historical artifacts tend to be placed in a museum at some point. Why should Wakandan artifacts be any different? Objects from the Atlanta-filmed “Black Panther” movie will find a new home at the National Museum of African History and Culture, a Smithsonian Institution museum in  Washington, D.C. A costume worn by star Chadwick Boseman...
Gwinnett County restaurant inspection scores

Gwinnett County • Carmen’s Kitchen, 4771 Britt Road, Norcross. 100/A • Frankie’s The Steakhouse, 6500 Sugarloaf Parkway, Duluth. 91/A • Mori House, 4325 Suwanee Dam Road, Suwanee. 90/A • Samurai Chicken, 2346 Lawrenceville Highway, Lawrenceville. 80/B • Taqueria San Pancho, 4880 Lawrenceville Highway, Tucker. 91/A
Fulton County restaurant inspection scores

Fulton County • Anh’s Kitchen, 855 Peachtree St., Atlanta. 93/A • Bite Creative Cuisine, 11500 Webb Bridge Way, Alpharetta. 95/A • Desi Spice Indian Cuisine, 931 Monroe Drive, Atlanta. 90/A • El Torero, 625 Crossville Road, Roswell. 94/A • Kwan’s Deli & Korean Kitchen, 267 Marietta St., Atlanta. 93/A
DeKalb County restaurant inspection scores

DeKalb County • Canton House, 4825 Buford Highway, Chamblee. 73/C • Highland Bakery, 315 W. Ponce De Leon Ave., Decatur. 98/A • Ruby Tuesday, 3010 Panola Road, Lithonia. 72/C • Tin Drum Asian Kitchen, 2566 Briarcliff Road, Atlanta. 82/B • Tropical Smoothie Café, 2566 Briarcliff Road, Atlanta. 88/B
Cobb County restaurant inspection scores

Cobb County • Beer Barrel, 1294 Roswell Road, Marietta. 100/A • Everything Burger, 3372 Canton Road, Marietta. 100/A • Minato Japanese Restaurant, 2697 Spring Road, Smyrna. 83/B • The Rusty Barrel, 138 Powers Ferry Road, Marietta. 92/A • Waffle House, 4458 Atlanta Road, Smyrna. 92/A
More Stories