date:Oct 15, 2013
statewide retirement plan to the company-run fund, while the Teamsters themselves were seeking to retain their union fund.
The Wegmans plan is a defined-contribution plan, in which each retiree would have available to them only the funds that have been paid into their accounts. The Teamsters fund, by contrast, would pay a set amount on a regular basis throughout the rest of the retirees life.
It was not clear Monday how the disagreement was resolved. The tentative agreement was set to go befor