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UPS Union Issues
Pension Retirement Incentive - Did UPS/IBT overlook mutually beneficial language?
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<blockquote data-quote="InsideUPS" data-source="post: 1129113" data-attributes="member: 31414"><p>One issue that I believe was overlooked by both UPS and the IBT was an incentive to move older employees out of the system with the expiration of this contract. (they may have discussed it...but few of us have any knowledge whether they did or not). The incentive for older employees to retire with this contract would IMHO be mutually beneficial for both the Union and UPS. More openings for younger people at lower wages...less vacation weeks...etc.. </p><p> </p><p>I would be interested on reading your opinions on the cost/benefit ratio of offering the $200 increase in pension benefits this year rather than delaying it to 2014 as apparently proposed in the tentative agreement. I have a number of full time package car driver, feeder, and inside full-time friends that were hoping for a pension benefit increase with the signing of this contract. They are obviously disappointed that they are not being given an opportunity to retire Aug. 1 with the increased pension benefit.</p></blockquote><p></p>
[QUOTE="InsideUPS, post: 1129113, member: 31414"] One issue that I believe was overlooked by both UPS and the IBT was an incentive to move older employees out of the system with the expiration of this contract. (they may have discussed it...but few of us have any knowledge whether they did or not). The incentive for older employees to retire with this contract would IMHO be mutually beneficial for both the Union and UPS. More openings for younger people at lower wages...less vacation weeks...etc.. I would be interested on reading your opinions on the cost/benefit ratio of offering the $200 increase in pension benefits this year rather than delaying it to 2014 as apparently proposed in the tentative agreement. I have a number of full time package car driver, feeder, and inside full-time friends that were hoping for a pension benefit increase with the signing of this contract. They are obviously disappointed that they are not being given an opportunity to retire Aug. 1 with the increased pension benefit. [/QUOTE]
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Pension Retirement Incentive - Did UPS/IBT overlook mutually beneficial language?
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