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UPS Union Issues
COLA this year?
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<blockquote data-quote="JonFrum" data-source="post: 754056" data-attributes="member: 18044"><p>Yes. And Yes.</p><p> </p><p>The Index must first increase by 3%. You get nothing for this increase.</p><p> </p><p>Then you start counting the pennies. You get a penny for each 0.2 point increase above the 3%.</p><p> </p><p>However you must be eligible for at least five pennies or more in order to actually get the 5 or more cents added to your hourly pay rate. If you only are eligible for one, two, three or four cents, you get nothing. The pennies just evaporate. Kinda like leaving men on base at the end of a baseball inning.</p><p> </p><p>So the Index has to increase about 3.5% or more in order for you to actually get a COLA.</p><p> </p><p>The negotiators of our Contract know there is little hope of actually getting a COLA. They put a hard-to-trigger formula in the Contract so they can sell it to the relatively uninformed members. Most members won't actually decipher Article 33. It's to complicated. They'll just rely on people telling them to "vote YES because we are protected from inflation by a COLA formula."</p><p> </p><p>The Contract is full of deceptive language that is in fact weak and ineffective when you read it carefully, but it is very sellable when Teamster and Company negotiators join hands and urge you to vote "Yes" based on their summary recomendations.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 754056, member: 18044"] Yes. And Yes. The Index must first increase by 3%. You get nothing for this increase. Then you start counting the pennies. You get a penny for each 0.2 point increase above the 3%. However you must be eligible for at least five pennies or more in order to actually get the 5 or more cents added to your hourly pay rate. If you only are eligible for one, two, three or four cents, you get nothing. The pennies just evaporate. Kinda like leaving men on base at the end of a baseball inning. So the Index has to increase about 3.5% or more in order for you to actually get a COLA. The negotiators of our Contract know there is little hope of actually getting a COLA. They put a hard-to-trigger formula in the Contract so they can sell it to the relatively uninformed members. Most members won't actually decipher Article 33. It's to complicated. They'll just rely on people telling them to "vote YES because we are protected from inflation by a COLA formula." The Contract is full of deceptive language that is in fact weak and ineffective when you read it carefully, but it is very sellable when Teamster and Company negotiators join hands and urge you to vote "Yes" based on their summary recomendations. [/QUOTE]
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