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Pension deductions?
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<blockquote data-quote="104Feeder" data-source="post: 2302342" data-attributes="member: 42554"><p>You misunderstand the pension contributions. It's $20k/year <em>since 2013. </em>When I started it was only $2.65/hr worked and <em>it was not all compensible hours</em> which means you could not hit the 2080 because of short months like February. We earned all compensible only a few contracts ago. This is why many older drivers delay retirement. The pension is not a dollar for dollar investment for the individual, it allows smaller barns to provide a better pension for their members than their numbers would allow. I, for one, am happy to bring up my Teamster brother and sisters who may not work at UPS.</p></blockquote><p></p>
[QUOTE="104Feeder, post: 2302342, member: 42554"] You misunderstand the pension contributions. It's $20k/year [I]since 2013. [/I]When I started it was only $2.65/hr worked and [I]it was not all compensible hours[/I] which means you could not hit the 2080 because of short months like February. We earned all compensible only a few contracts ago. This is why many older drivers delay retirement. The pension is not a dollar for dollar investment for the individual, it allows smaller barns to provide a better pension for their members than their numbers would allow. I, for one, am happy to bring up my Teamster brother and sisters who may not work at UPS. [/QUOTE]
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