I have just spent several days going over this with our shop stewart seems we are all going to have big problems. I have figured out that under the new agreement everyone of us will never be able to get to the maximum retiremement benefit which we all think we might someday be able to enjoy. After I brought this to our shop stewart he in turn took it to the hall and they are all scrambling to see how to get this reversed.
Hours worked are now being calculated in your paystubs and there is a reason for it.
All heath and welfare and retirement contributitions are calculated under "HOURS WORKED".
Here are the figures they are based on 40 hr. work week (because overtime is not garanteed)
52 weeks/ yr x 40 hrs= 2080 total hrs
6 sickdays lost 240 hrs based on taking 1 at a time total left 1840 hrs
6 holidays lost 240 hrs
time total left 1600 hrs
1 wk option lost 40 hrs
total time left 1560 hrs
need 1650 hrs to get 1 year retirement accredited you are short 90 hrs.
4 weeks vac. lost 160 hrs
total short 250 hrs=you need to work 5.20 hrs o/t every week or you will never get the 1650 hrs needed.
5 weeks vac. 200 hrs
total short 290 hrs=you need to work 6.17 hrs o/t every week to get to 1650 hrs. or no credit.
6 weeks vac. 240 hrs
total short 330 hrs.= you need to work 7.17 hrs o/t every week or you get no credit.
This is not acceptable that our Union has agreed to this and we the working/ dues paying teamsters are now stuck with this agreement.
Hours worked are now being calculated in your paystubs and there is a reason for it.
All heath and welfare and retirement contributitions are calculated under "HOURS WORKED".
Here are the figures they are based on 40 hr. work week (because overtime is not garanteed)
52 weeks/ yr x 40 hrs= 2080 total hrs
6 sickdays lost 240 hrs based on taking 1 at a time total left 1840 hrs
6 holidays lost 240 hrs
time total left 1600 hrs
1 wk option lost 40 hrs
total time left 1560 hrs
need 1650 hrs to get 1 year retirement accredited you are short 90 hrs.
4 weeks vac. lost 160 hrs
total short 250 hrs=you need to work 5.20 hrs o/t every week or you will never get the 1650 hrs needed.
5 weeks vac. 200 hrs
total short 290 hrs=you need to work 6.17 hrs o/t every week to get to 1650 hrs. or no credit.
6 weeks vac. 240 hrs
total short 330 hrs.= you need to work 7.17 hrs o/t every week or you get no credit.
This is not acceptable that our Union has agreed to this and we the working/ dues paying teamsters are now stuck with this agreement.