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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 961661" data-attributes="member: 12570"><p>The Upstate NY Teamsters Pension Plan is a multi-employer pension plan and I share your concerns. YRC is among the employers and their fiscal woes has had a dramatic effect on the fund as a whole. Our current retirees have not had their pensions altered but I do fear that my pension benefit may be affected.</p><p></p><p>The Teamsters seem to know where to draw the line in the sand. No, they are not given access to the books, but they have a good history of knowing just how much to ask for without selling their members short.</p><p></p><p>There is the very real possibility that Hostess employees could come to work someday and find the doors locked.</p><p></p><p>To be fair, the UAW has accepted concessions, most notably the two-tiered wage structure for new employees.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 961661, member: 12570"] The Upstate NY Teamsters Pension Plan is a multi-employer pension plan and I share your concerns. YRC is among the employers and their fiscal woes has had a dramatic effect on the fund as a whole. Our current retirees have not had their pensions altered but I do fear that my pension benefit may be affected. The Teamsters seem to know where to draw the line in the sand. No, they are not given access to the books, but they have a good history of knowing just how much to ask for without selling their members short. There is the very real possibility that Hostess employees could come to work someday and find the doors locked. To be fair, the UAW has accepted concessions, most notably the two-tiered wage structure for new employees. [/QUOTE]
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