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UPS Retirement Topics
Surrending CS Pension?
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<blockquote data-quote="wkmac" data-source="post: 76537" data-attributes="member: 2189"><p>olebrownie,</p><p>That may be true but as to the point about Casey, UPS to my knowledge first offered in 97' which by then the damage was mostly done. I see the effort on the part of UPS in 97' as 2 fold, one to limit it's own liability in the face of the coming crisis and 2, an attempt to limit the damage or even scuttle a pending strike which was about 48 plus hours away when the offer was first released to the UPS Teamsters. Nothing wrong in either case and I'd do it also if I were them. In light of what we now know most UPS Teamsters now believe we should have taken a stand and demanded a voice but that is gone now and not likely to come back ever. </p><p> </p><p>The point about Casey is I believe he would have seen the train wreck coming back in the 80's and started pushing the Teamsters to do something then. In light of events concerning Teamster response to other pension options it would be fair so say Casey may have been ignored but I still believe he would have tried to do something early to avert the problem to begin with. I could be wrong but just based on what I've read of the man and what I've seen and heard of some of his speeches I just tend to believe that about him.</p></blockquote><p></p>
[QUOTE="wkmac, post: 76537, member: 2189"] olebrownie, That may be true but as to the point about Casey, UPS to my knowledge first offered in 97' which by then the damage was mostly done. I see the effort on the part of UPS in 97' as 2 fold, one to limit it's own liability in the face of the coming crisis and 2, an attempt to limit the damage or even scuttle a pending strike which was about 48 plus hours away when the offer was first released to the UPS Teamsters. Nothing wrong in either case and I'd do it also if I were them. In light of what we now know most UPS Teamsters now believe we should have taken a stand and demanded a voice but that is gone now and not likely to come back ever. The point about Casey is I believe he would have seen the train wreck coming back in the 80's and started pushing the Teamsters to do something then. In light of events concerning Teamster response to other pension options it would be fair so say Casey may have been ignored but I still believe he would have tried to do something early to avert the problem to begin with. I could be wrong but just based on what I've read of the man and what I've seen and heard of some of his speeches I just tend to believe that about him. [/QUOTE]
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