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Pension for all hours worked or A/C?
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<blockquote data-quote="DELACROIX" data-source="post: 5612926" data-attributes="member: 49065"><p>I hope everybody knows that any monetary pension contributions are based on only a 40 hour week (full time) and a 20 hour week (part time)...Overtime does not count..I believe if the Union asked for extra pension contributions on all Overtime the Company might force a Strike.</p><p></p><p>It is one of the primary reasons why our members are forced to work a 50 or 65 hour/6 day work schedule instead of them creating new full time or part time members, it saves a ton of money on their pension and (Health and Welfare) contract obligations in certain areas.</p><p></p><p>What are the odds of a new hire, full time or part time ever attaining the mandatory requirements for a full decent retirement benefit?...Attrition will take most of them, even if they decide to make this a career.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5612926, member: 49065"] I hope everybody knows that any monetary pension contributions are based on only a 40 hour week (full time) and a 20 hour week (part time)...Overtime does not count..I believe if the Union asked for extra pension contributions on all Overtime the Company might force a Strike. It is one of the primary reasons why our members are forced to work a 50 or 65 hour/6 day work schedule instead of them creating new full time or part time members, it saves a ton of money on their pension and (Health and Welfare) contract obligations in certain areas. What are the odds of a new hire, full time or part time ever attaining the mandatory requirements for a full decent retirement benefit?...Attrition will take most of them, even if they decide to make this a career. [/QUOTE]
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Pension for all hours worked or A/C?
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