May 4, 2018 / 9:39 PM / in a year

Teamsters attack supermarket chain Tops' non-union bonus plan

The Teamsters union on Friday urged a court to reject a bonus program proposed by bankrupt supermarket chain Tops because it could improperly reward insiders who might be among the more than 100 non-union participants.

The union in court papers also said the $3.2 million key employee retention plan, or KERP, was out of line with bonus plans in similar cases and was unnecessary at this point for a bankruptcy that will “continue well into the summer.”

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