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Brown Cafe UPS Forum
UPS Union Issues
Offical Post! What Behind The Numbers!
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<blockquote data-quote="Brown Dog" data-source="post: 254123" data-attributes="member: 12109"><p>It's not a bad contract but it's not a good one either. The pension is the same as it was 2 contracts ago, that means inflation reduced it's value by ( 10 x 3.5) = 35%. Plus the fact Retirees healthcare cost could be as high as 150$ a month per person (retiree and spouse) compared to 50$ now, thats another 7%loss in pension. I think we all work too hard and UPS is too profitable ( 1 billion a quarter in PROFITS) that over 3 contracts the best we can do for our hard earned pensions is a 42% DECREASE in spending power of our pensions. Maybe it's just me, but I think we've earned better than that.<img src="/community/styles/default/xenforo/smilies/group1/confused1.gif" class="smilie" loading="lazy" alt=":confused:" title="Confused :confused:" data-shortname=":confused:" />1</p></blockquote><p></p>
[QUOTE="Brown Dog, post: 254123, member: 12109"] It's not a bad contract but it's not a good one either. The pension is the same as it was 2 contracts ago, that means inflation reduced it's value by ( 10 x 3.5) = 35%. Plus the fact Retirees healthcare cost could be as high as 150$ a month per person (retiree and spouse) compared to 50$ now, thats another 7%loss in pension. I think we all work too hard and UPS is too profitable ( 1 billion a quarter in PROFITS) that over 3 contracts the best we can do for our hard earned pensions is a 42% DECREASE in spending power of our pensions. Maybe it's just me, but I think we've earned better than that.:confused1 [/QUOTE]
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Offical Post! What Behind The Numbers!
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