Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Biggest scam is on all UPS hourly employees
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="beentheredonethat" data-source="post: 169086" data-attributes="member: 4886"><p>Thanks, If you have all the figures of contributions over the last 30 or so years. I suggest you run those contribution levels and use a baseline for growth based on the SP500, some years, excellent returns, other years negative returns. If you use those numbers and show what a person starting in 74 and retiring this year @ 55 yrs old would have accumulated. Then show what the teamsters will have in a payout would open a few eyes. I think the toughest part I have with your notes is mixing and matching the past and the present and the future. What happened is easy if you have all the numbers. What will happen if the APWA takes over is another whole thing. It's easy to say what they would have done. But, here's another item. If you are a driver who is 50 now, how would he\she be affected? Would the APWA get the contributions UPS put in for him\her over the years compounded based on the SP500? It's a great theory, but you can't get blood from a stone. The money simply isn't there. I hope you get my point, how would the APWA or the APWA\Teamsters handle the guys that already busted their butt for UPS over the last 20,25 30 years and should rightfully so be getting ready for a good retirement.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 169086, member: 4886"] Thanks, If you have all the figures of contributions over the last 30 or so years. I suggest you run those contribution levels and use a baseline for growth based on the SP500, some years, excellent returns, other years negative returns. If you use those numbers and show what a person starting in 74 and retiring this year @ 55 yrs old would have accumulated. Then show what the teamsters will have in a payout would open a few eyes. I think the toughest part I have with your notes is mixing and matching the past and the present and the future. What happened is easy if you have all the numbers. What will happen if the APWA takes over is another whole thing. It's easy to say what they would have done. But, here's another item. If you are a driver who is 50 now, how would he\she be affected? Would the APWA get the contributions UPS put in for him\her over the years compounded based on the SP500? It's a great theory, but you can't get blood from a stone. The money simply isn't there. I hope you get my point, how would the APWA or the APWA\Teamsters handle the guys that already busted their butt for UPS over the last 20,25 30 years and should rightfully so be getting ready for a good retirement. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Biggest scam is on all UPS hourly employees
Top