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Brown Cafe UPS Forum
UPS Union Issues
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<blockquote data-quote="scratch" data-source="post: 164036" data-attributes="member: 1674"><p>I doubt that we will ever see anything like a 401K match, thats only wishful thinking on my part. I am in Central States, so the pension problem is a big deal to me. The Teamsters couldn't touch 401K contributions to help out pension plans. There will be only so much money in any contract that has to be divided between raises, pensions, and healthcare. UPS doesn't have bottomless pockets like a lot of people think, and we can't keep raising rates which will drive customers away.</p></blockquote><p></p>
[QUOTE="scratch, post: 164036, member: 1674"] I doubt that we will ever see anything like a 401K match, thats only wishful thinking on my part. I am in Central States, so the pension problem is a big deal to me. The Teamsters couldn't touch 401K contributions to help out pension plans. There will be only so much money in any contract that has to be divided between raises, pensions, and healthcare. UPS doesn't have bottomless pockets like a lot of people think, and we can't keep raising rates which will drive customers away. [/QUOTE]
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