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Sep 30, 2007

Pension Deal * USA - UPS and Teamsters, Near

NY,USA -The Wall Street Journal, by Corey Dade -29 Sept 2007: -- United Parcel Service Inc. and the Teamsters union are closing in on a labor agreement that would restructure and possibly lower the company's pension obligations... The two sides are trying this weekend to finish hammering out a deal in which the Atlanta package-delivery giant would pull out of the Central States Pension Fund, the largest multiemployer program in the trucking industry...

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