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Brown Cafe UPS Forum
UPS Union Issues
Teamster Pensions way low
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<blockquote data-quote="705red" data-source="post: 306365" data-attributes="member: 5229"><p>Scratch i guess it has nothing to do with the mechanics taking a pay freeze and diverting that money into their retirement by any chance. I will agree with a declining memebership, but when you compare the iam to the teamsters they are not a stronger union at least here in my neck of the woods. We have no idea what the pension will look like 10, 15 years down the road. Only the money that gets put into the pension plans are negioated during contracts, the pension payment can change one way or the other at any time during the life of the agreement.</p></blockquote><p></p>
[QUOTE="705red, post: 306365, member: 5229"] Scratch i guess it has nothing to do with the mechanics taking a pay freeze and diverting that money into their retirement by any chance. I will agree with a declining memebership, but when you compare the iam to the teamsters they are not a stronger union at least here in my neck of the woods. We have no idea what the pension will look like 10, 15 years down the road. Only the money that gets put into the pension plans are negioated during contracts, the pension payment can change one way or the other at any time during the life of the agreement. [/QUOTE]
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Teamster Pensions way low
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