The pension at Hostess (teamsters) seems like the biggest holdup for their contract, and with it being part of the multi employer pension fund, how would that work? If Hostess gets their way, will that dip into my retirement to give them a pension that they have been promised? I dont understand all the pros and cons to the pension with it being multi-employer, but I dont like it. I think it should be a single employer. Do we as UPSers have any advantage to the multi-employer? It seems like all other teamsters are benefitting from the good contracts at UPS.
Secondly, Hostess is threatening to strike. Hostess is preparing to file bankruptcy a 2nd time in a decade. If a company isnt profitable, concessions SHOULD be made to make it profitable. The auto companies have given Unions a bad name by wanting more, where there isnt more to give. This has always been a fear of mine with the teamsters. Is Hostess hiding what they do have, or is the Teamsters demanding more of what the company doesnt have? I saw a segment on Hostess on the news with hall and the teamsters, and I sat a little low in my chair hoping to not be noticed.
Secondly, Hostess is threatening to strike. Hostess is preparing to file bankruptcy a 2nd time in a decade. If a company isnt profitable, concessions SHOULD be made to make it profitable. The auto companies have given Unions a bad name by wanting more, where there isnt more to give. This has always been a fear of mine with the teamsters. Is Hostess hiding what they do have, or is the Teamsters demanding more of what the company doesnt have? I saw a segment on Hostess on the news with hall and the teamsters, and I sat a little low in my chair hoping to not be noticed.