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Memories From The '97' Strike........
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<blockquote data-quote="brownIEman" data-source="post: 1023151" data-attributes="member: 14596"><p>In your first argument, you tell how awful the details of UPS proposed pension were (that it would have to be renegotiated every contract, that UPS would have full control). Then you talk about how awful it is that there was no full pension plan, the details of it did not exist. Which is it?</p><p></p><p>There were some details UPS was committing itself to, as I mentioned before, in the LBF, such as minimum benefits levels for retirees, which has to be the biggest. </p><p></p><p>Giving UPS complete control of the plan would have to be negotiated with the Teamsters, the IBT would have had to agree with it. Letting UPS reduce benefits based on social security payments would also have to be agreed to by the IBT. So sure, UPS MIGHT have tried to get full control of the funds, and MIGHT have tried to take credit for SS payments in benefit amounts. They MIGHT have tried to invest the entire fund in white fluffy bunny slippers. But there is no evidence of any of that. You are making up what-ifs and arguing against those straw men. Who does that sound like?</p><p></p><p></p><p></p><p></p><p></p><p>OK. We have had members say they kept every scrap of paper from that time from both UPS and IBT. One has typed in the UPS proposal. Where is the one from the IBT? You say they must have had a set of proposals. OK, I am willing to accept that. Pardon me however, if I am so impertinent as to want to see them.</p></blockquote><p></p>
[QUOTE="brownIEman, post: 1023151, member: 14596"] In your first argument, you tell how awful the details of UPS proposed pension were (that it would have to be renegotiated every contract, that UPS would have full control). Then you talk about how awful it is that there was no full pension plan, the details of it did not exist. Which is it? There were some details UPS was committing itself to, as I mentioned before, in the LBF, such as minimum benefits levels for retirees, which has to be the biggest. Giving UPS complete control of the plan would have to be negotiated with the Teamsters, the IBT would have had to agree with it. Letting UPS reduce benefits based on social security payments would also have to be agreed to by the IBT. So sure, UPS MIGHT have tried to get full control of the funds, and MIGHT have tried to take credit for SS payments in benefit amounts. They MIGHT have tried to invest the entire fund in white fluffy bunny slippers. But there is no evidence of any of that. You are making up what-ifs and arguing against those straw men. Who does that sound like? OK. We have had members say they kept every scrap of paper from that time from both UPS and IBT. One has typed in the UPS proposal. Where is the one from the IBT? You say they must have had a set of proposals. OK, I am willing to accept that. Pardon me however, if I am so impertinent as to want to see them. [/QUOTE]
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