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UPS Union Issues
Suspension & Termination Fund
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<blockquote data-quote="brett636" data-source="post: 1278586" data-attributes="member: 249"><p>My building has a similar fund that is managed by some of the drivers where if you are fired and made to sit out for awhile they provide a small supplemental income for something like 6 weeks. I'm not apart of it considering I've never been fired(I know it could happen), and that I maintain enough in savings to get me through a few months if necessary. I can't say this sounds like a good deal considering one payment of $400 isn't going to change your life significantly, and if you think it does you have bigger financial problems than worried about getting fired. With that said I have known a few drivers who were off for a matter of weeks at the most and were nearly driven to bankruptcy because they had no savings. I would encourage everyone from part-time to full-time to not be that person, and be prepared for a loss of income for a short time frame.</p></blockquote><p></p>
[QUOTE="brett636, post: 1278586, member: 249"] My building has a similar fund that is managed by some of the drivers where if you are fired and made to sit out for awhile they provide a small supplemental income for something like 6 weeks. I'm not apart of it considering I've never been fired(I know it could happen), and that I maintain enough in savings to get me through a few months if necessary. I can't say this sounds like a good deal considering one payment of $400 isn't going to change your life significantly, and if you think it does you have bigger financial problems than worried about getting fired. With that said I have known a few drivers who were off for a matter of weeks at the most and were nearly driven to bankruptcy because they had no savings. I would encourage everyone from part-time to full-time to not be that person, and be prepared for a loss of income for a short time frame. [/QUOTE]
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