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Brown Cafe UPS Forum
UPS Retirement Topics
Hoffa: Time to protect pensions
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<blockquote data-quote="Jones" data-source="post: 3246876" data-attributes="member: 4805"><p>Stuff like that doesn't happen in a vacuum. A guaranteed pension is one of the union's strongest selling points and they will never willingly negotiate it away. If we lose the pension it will mean the union has become essentially powerless and can't even call a strike. We would probably get a 401k match of 6% or something like that but the idea that 4-5 dollars per hour that currently go into the pension fund would instead go into your paycheck will never happen.</p></blockquote><p></p>
[QUOTE="Jones, post: 3246876, member: 4805"] Stuff like that doesn't happen in a vacuum. A guaranteed pension is one of the union's strongest selling points and they will never willingly negotiate it away. If we lose the pension it will mean the union has become essentially powerless and can't even call a strike. We would probably get a 401k match of 6% or something like that but the idea that 4-5 dollars per hour that currently go into the pension fund would instead go into your paycheck will never happen. [/QUOTE]
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Hoffa: Time to protect pensions
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