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Brown Cafe UPS Forum
UPS Union Issues
2008 Contract Issues
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<blockquote data-quote="WM Driver" data-source="post: 117256"><p>"UPS is getting wealthier while the union drivers' pension plan is in a death spiral," contends Herve Aitken, a labor attorney at Ford & Harrison in Washington, D.C., who represents the Multiemployer Pension Plan Alliance, a coalition of small employers.</p><p></p><p>By any measure, UPS has limited control over its multiemployer pension plans, which cover union workers from more than one company, often in related industries in a single region. Central States serves more than 4,500 companies in 22 states. </p><p></p><p>Membership decline, bankrupt companies, miss-management in the union, Greedy hands, corruption, High trustee pensions, High trustee salaries and Retirees out numbering new members, How can the pension survive with out raising contributions or cutting pensions. UPS wants out....</p></blockquote><p></p>
[QUOTE="WM Driver, post: 117256"] "UPS is getting wealthier while the union drivers' pension plan is in a death spiral," contends Herve Aitken, a labor attorney at Ford & Harrison in Washington, D.C., who represents the Multiemployer Pension Plan Alliance, a coalition of small employers. By any measure, UPS has limited control over its multiemployer pension plans, which cover union workers from more than one company, often in related industries in a single region. Central States serves more than 4,500 companies in 22 states. Membership decline, bankrupt companies, miss-management in the union, Greedy hands, corruption, High trustee pensions, High trustee salaries and Retirees out numbering new members, How can the pension survive with out raising contributions or cutting pensions. UPS wants out.... [/QUOTE]
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