Does IPC plan on keeping the pension at SFG?
In attempting to address the question, I assume that the question is specifically about UFCW Local 227’s defined contribution plan. If that is the case, with the acquisition of SFG, we’ve committed to honor the terms of the current collective bargaining agreement, including continuation of benefits.
If I’ve not addressed your question, please feel free to contact me at mark.berry@inpac.com. I’d welcome the opportunity to discuss this further.
Mark Berry, Vice President, People (HR, Safety, and Health Services)