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Brown Cafe UPS Forum
UPS Union Issues
Management Says Yes
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<blockquote data-quote="tieguy" data-source="post: 272398" data-attributes="member: 1912"><p><strong>Re: Mangement Says Yes</strong></p><p></p><p></p><p> </p><p><span style="color: blue">good question and one I keep asking. Some of these posters keep trying to sell a 9 / hour increase plus six billion spent on CS as a savings. I'm paying six billion now hoping to save from spending 10 billion later. Theres no guarantee I'll have to pay the 10 billion later but I'm cutting my losses to guard against that possibility. I've still spent the six billion. I also spent the money to start a new pension plan which will cost quite a bit down the road. So in reality this is a real expense that may save me some dollars long term. Yet posters here keep selling this concept as if the six billion plus is not being spent.</span></p><p> </p><p><span style="color: blue">these posters also keep trying to find some evil ulterior motive instead of accepting it as a sincere effort to fix the pension mess. Why shouldn't we be concerned about our peoples pensions. Obviously an employee that knows he has a sound pension waiting for him at retirement will be a much happier and much more productive one. Its a good investment for our people and in our people. </span></p><p> </p><p><span style="color: #0000ff">looks like there is a 10 year freeze on our being able to do anything with any other multi-employer plans. My guess there will be other plan participants who will be begging for UPS to fix their plan before the 10 years is up. </span></p><p> </p><p><span style="color: #0000ff">Careys suicide march delayed this from happening by 10 years but hopefully we can eventually get the fixes in so all our people can look forward to a secure pension plan. The teamster multi employer plans with many still underfunded do not have the track record to provide that secure retirement.</span></p></blockquote><p></p>
[QUOTE="tieguy, post: 272398, member: 1912"] [b]Re: Mangement Says Yes[/b] [COLOR=blue]good question and one I keep asking. Some of these posters keep trying to sell a 9 / hour increase plus six billion spent on CS as a savings. I'm paying six billion now hoping to save from spending 10 billion later. Theres no guarantee I'll have to pay the 10 billion later but I'm cutting my losses to guard against that possibility. I've still spent the six billion. I also spent the money to start a new pension plan which will cost quite a bit down the road. So in reality this is a real expense that may save me some dollars long term. Yet posters here keep selling this concept as if the six billion plus is not being spent.[/COLOR] [COLOR=blue]these posters also keep trying to find some evil ulterior motive instead of accepting it as a sincere effort to fix the pension mess. Why shouldn't we be concerned about our peoples pensions. Obviously an employee that knows he has a sound pension waiting for him at retirement will be a much happier and much more productive one. Its a good investment for our people and in our people. [/COLOR] [COLOR=#0000ff]looks like there is a 10 year freeze on our being able to do anything with any other multi-employer plans. My guess there will be other plan participants who will be begging for UPS to fix their plan before the 10 years is up. [/COLOR] [COLOR=#0000ff]Careys suicide march delayed this from happening by 10 years but hopefully we can eventually get the fixes in so all our people can look forward to a secure pension plan. The teamster multi employer plans with many still underfunded do not have the track record to provide that secure retirement.[/COLOR] [/QUOTE]
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