I just got this email and it bugs me because... a) if it is true then that means my that not only will social security by wiped out when I get older but my pension as well b) I never recieved the letter from Central States mentioned below. But then again....I don't think our union even knows I exist even though I've given them my new address several times. My dues come out on time every time though. Thats the only thing they seem good for lately. No one likes to hear I told you so but sometimes we all need to hear it to protect ourselves. By now all of us have received the letter (required by law) from Central States once again telling us that our pension fund is in the red zone. The red zone means once again Central States is teetering on bankruptcy. This is just a mere few years after UPS gave the Central States Fund 6 billion dollars. Yes you are right the Teamsters have already thrown away 6 billion of your dollars and there is no UPS to bail them out again. Folks it will only take another bad stock market or Yellow/Roadway filing bankruptcy to break your Central States Fund. Something will happen sometime; then what will you do? UPS isn’t going to bail their buddies the Teamsters out again. NO, UPS does NOT guarantee your Central States pension for your lifetime. NO, your Central States pension is NOT guaranteed for life IF you retire before the current contract expires. The fact of the matter is UPS only guarantees the Central States portion of your pension for the life of the current contract OR until you obtain 65 years of age. Then you will only have the amount you have earned with the new pension fund and $1,068.00 you will receive from the government because your Central States Fund went bankrupt. Are any of you out there naive enough to believe that UPS will guarantee the Central States fiasco again? Just in case you haven’t heard Santa Claus is not real! You know we can stop this!! Don’t believe it? Look at what you did!!! You caused the Teamsters to release the pension fund to UPS. YES you were the cause of this. If you don’t believe this either then ask yourself why UPS bailed out Central States and left the New England States fund to drown???? If UPS bailed out Central States for the publicity then why didn’t UPS bail out the smaller New England Fund; it would have been much cheaper! Also, if I were the people on the west coast I don’t believe I would be looking too smug right now. The Teamsters have again drained Central States of their money but you can well believe that the Teamsters appetite for money has not gone away. There is no money in the New England Fund or the Central States Fund but there certainly is in the Western Conference Fund. You best better believe the Teamsters will soon have their grubby little fingers on it soon. The Teamster’s track record proves it; no amount of money will ever be enough for the Teamsters. Furthermore there is nothing the Teamsters will not do to obtain money and try to keep their sinking ship afloat. That’s right eventually there will be no Teamster Union because they can not keep their hand out of your pocket. YES THE NUMBER OF TEAMSTERS IN THIS COUNTRY HAS DWINDLED OVER THE LAST 20 YEARS AND CONTINUES TO DO SO! Is this not telling you something? Again look at what you did the last time and you did it with nearly no money and with few members. You had many supporters. Members were the ones that paid the bills and invested their time. We can do this but we will not start this time without the necessary funds to win our objective. It takes money to rid ourselves of the Teamsters and replace them with a union that is made up entirely of UPS people. A union that is accountable to its members. A union the members run. The ball is in your court. Will we throw our hands up in the air and quit or will we fight for what is ours. Please e-mail us and let us know what you want and think. As it was in the beginning, it’s your money and your pension.