If you are thinking about voting NO…

[Wally]

It’s interesting TDU seems to love it

Western Pension Fund: Myths & Facts

If you’re a full-time UPS Teamster in the West, your pension will grow by approximately $1,500 a month during the proposed contract.

www.tdu.org

That's fine, but the bottom line is that $5300 number the union put out. If some get that but not others, that's a problem.

 

[upschuck]

That's fine, but the bottom line is that $5300 number the union put out. If some get that but not others, that's a problem.

Different areas have gotten different amounts since the beginning of time.

 

[Thebrownblob]

That's fine, but the bottom line is that $5300 number the union put out. If some get that but not others, that's a problem.

My point is TDU was the source of the vote no movement last time. Now they’re up the new administration’s ass. Shoe is on the other foot and it’s ironic.

 

[Anthropomorphic Cow]

I don’t see how I’m getting screwed in the west. 14 an hour into the pension, not frozen maybe ends up at 15.50-60 an hour by the end… can someone explain to me why I’m getting screwed?

 

[Wally]

Different areas have gotten different amounts since the beginning of time.

Yea but they threw out the $5300 number.

 

[Thebrownblob]

Yea but they threw out the $5300 number.

Seems to really bother you. It’s a very narrow group of people. I’m pretty happy for them if they can get it.

 

[upschuck]

Yea but they threw out the $5300 number.

And?

 

[Wally]

Seems to really bother you. It’s a very narrow group of people.

That higher top number affects the numbers going down the line.

 

[Thebrownblob]

That higher top number affects the numbers going down the line.

No, you’re not even in the same fund. I understand being not happy if your fund is not doing it, but that has nothing to do with it.

 

[DELACROIX]

I don’t see how I’m getting screwed in the west. 14 an hour into the pension, not frozen maybe ends up at 15.50-60 an hour by the end… can someone explain to me why I’m getting screwed?

The only ones who are being screwed are those members who were excluded from any increases in their pensions.

A COLA increase for our current retirees and future Pension pension benefits for those still active was it even presented.

The Central’s part time pension plan is still capped at 35 years and just went up 200 dollars a month till 2028. Pathetic…

The 6 percent penalty still applies for the IBT/ UPS Pension Plan and the UPS Pension Plan for part timers in the Central. It could have been eliminated or reduced to 3 percent which is currently applied in their management’s pension trusts.

Another factor is our retirees’s healthcare benefits before the age of 65, will they improve or will you have to pay more. That can cut very deeply into any raises in our pension formulas.

A lot of scenarios involved that need to be answered.

 

[Wally]

No, you’re not even in the same fund. I understand being not happy if your fund is not doing it, but that has nothing to do with it.

So whom is this written for?

 

[UnionStrong]

So who is this written for?

View attachment 440469

Not you.

 

[Thebrownblob]

So who is this written for?

View attachment 440469

It appears the central, which you are not part of.

 

[upschuck]

So who is this written for?

View attachment 440469

Those who ups bought out of a few years ago, namely the central region.

 

[Wally]

Those who ups bought out of a few years ago, namely the central region.

Ok. It doesn't say anything about that.

Central is getting $4200 a month right now?

 

[Thebrownblob]

Ok. It doesn't say anything about that.

Central is getting $4200 a month right now?

 

[upschuck]

Ok. It doesn't say anything about that.

Central is getting $4200 a month right now?

It says 35 yrs is 4300/m
30 yrs is 3800

 

[Wally]

It says 35 yrs is 4300/m
30 yrs is 3800

Pretty good for being broke. The new numbers are even better. Way better.

 

[Thebrownblob]

Pretty good for being broke. The new numbers are even better. Way better.

Because we’re not broke. 97.8% funded.

 

[Pullman Brown]

Because we’re not broke. 97.8% funded.

More than 60,000 full-timers and 22 states. Hard to get a no vote with that. But, there still is the penalty for retiring before 65 so it doesn’t give the whole picture.