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UPS Union Issues
Contract rumor 2 tier and Grandfathering PTimers
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<blockquote data-quote="PobreCarlos" data-source="post: 1019766" data-attributes="member: 16651"><p>Intehgame;</p><p></p><p>Yes, but the fact remains that one entity - the union - appoints a full HALF of the trustees, while ALL the employers contribute the rest. And those multiple employers often have vastly different interests. Of course, when one employer is by far the largest contributor to the plan, there's always the temptation for the union to approach one of the smaller contributing employers with a side deal for purposes getting things to go in its direction. Now I'm not saying it happens that often, but then again I've always heard that the possibility was one reason why UPS, in years past, refused to place ANY representative trustee on boards like Central States; i.e. - they wanted to to make it very clear that that the decisions of the board weren't necessarily decisions the company agreed with at all.</p><p></p><p>Even today, it just takes one employer trustee on the multi-employer boards to swing action toward the union's side...and it's quite possible that such an employer trustee may represent an employer that has but a minute fraction of the interest in the trust as a firm like UPS might have.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 1019766, member: 16651"] Intehgame; Yes, but the fact remains that one entity - the union - appoints a full HALF of the trustees, while ALL the employers contribute the rest. And those multiple employers often have vastly different interests. Of course, when one employer is by far the largest contributor to the plan, there's always the temptation for the union to approach one of the smaller contributing employers with a side deal for purposes getting things to go in its direction. Now I'm not saying it happens that often, but then again I've always heard that the possibility was one reason why UPS, in years past, refused to place ANY representative trustee on boards like Central States; i.e. - they wanted to to make it very clear that that the decisions of the board weren't necessarily decisions the company agreed with at all. Even today, it just takes one employer trustee on the multi-employer boards to swing action toward the union's side...and it's quite possible that such an employer trustee may represent an employer that has but a minute fraction of the interest in the trust as a firm like UPS might have. [/QUOTE]
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