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Brown Cafe UPS Forum
UPS Retirement Topics
local 804 pension problems
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<blockquote data-quote="Bill" data-source="post: 144308" data-attributes="member: 5483"><p>Let's be honest here. When you say that you don't think it will get that bad for you, you are only concerned with yourself. You could care less about what the people in Central States are getting. Now that your pension has been cut, you are more concerned. However, if you think that the pension cuts are going to stop here, you are kidding yourself. This is just the beginning. Consider that UPS is lobbying congress to avoid paying for employees from other companies in multipension plans. If UPS wins, and they probably will, then they will contribute less money into the pension fund. Then the pension administrators have no choice but to reduce your pension further. This scenario is going to spread throughout the country. No pension fund is safe any longer, whether it is a multi-pension fund or not. Please wise up already. There is an alternative to solve this crisis. The employees of UPS must act now and vote to replace the Teamsters with another union that represents UPS employees only. This will ensure that all the pension money goes to UPS people, and that it will be fully funded. When you retire, you will have security knowing that your money is safe. As of now, none of us have any financial security as far as the pension is concerned. This can be done, but the APWA needs your help and your vote. For those of you who believe the Teamster propaganda regarding the APWA, why don't you ask the Teamsters where your pension money is? Also, ask them how much are they collecting in their pension. Why haven't they been cut as well? Don't take their word for it, ask them to verify it. It seems to me that we are working for them, when they should be working for us!!!!</p></blockquote><p></p>
[QUOTE="Bill, post: 144308, member: 5483"] Let's be honest here. When you say that you don't think it will get that bad for you, you are only concerned with yourself. You could care less about what the people in Central States are getting. Now that your pension has been cut, you are more concerned. However, if you think that the pension cuts are going to stop here, you are kidding yourself. This is just the beginning. Consider that UPS is lobbying congress to avoid paying for employees from other companies in multipension plans. If UPS wins, and they probably will, then they will contribute less money into the pension fund. Then the pension administrators have no choice but to reduce your pension further. This scenario is going to spread throughout the country. No pension fund is safe any longer, whether it is a multi-pension fund or not. Please wise up already. There is an alternative to solve this crisis. The employees of UPS must act now and vote to replace the Teamsters with another union that represents UPS employees only. This will ensure that all the pension money goes to UPS people, and that it will be fully funded. When you retire, you will have security knowing that your money is safe. As of now, none of us have any financial security as far as the pension is concerned. This can be done, but the APWA needs your help and your vote. For those of you who believe the Teamster propaganda regarding the APWA, why don't you ask the Teamsters where your pension money is? Also, ask them how much are they collecting in their pension. Why haven't they been cut as well? Don't take their word for it, ask them to verify it. It seems to me that we are working for them, when they should be working for us!!!! [/QUOTE]
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