The Boston Bully's New England Pension Fund in the Red Zone!

Discussion in 'UPS Union Issues' started by The Son of Sam, May 20, 2016.

  1. The Son of Sam

    The Son of Sam Active Member

    So it looks like the New England Pension fund that is headed by no other than Boston's very worse Sean "the Wonder Boy" a.k.a. "the Boston Bully" O., has been in critical zone since 2009 and it has not improved despite the members diverting wage increases to the fund. As of January 2016 the fund was under 65% funded. http://www.nettipf.com/pdf_files/criticalnotice2016.pdf

    I guess we should blame Teamsters United and/or TDU for the troubled fund, lol!
     
  2. Gimme Danger

    Gimme Danger Active Member

    Sean is not the head of the fund. DL from NH is.
    That said, the pension fund does have a good strategy to secure our retirements.
     
  3. The Son of Sam

    The Son of Sam Active Member

    Keep drinking the Wonder Boy's kool-aid. Since 2009 the fund hasn't been able to get above 65%. The fund has been in critical zone for almost 7 years. You can thank JR and the Boston Mafia for it.
     
  4. 1989

    1989 Well-Known Member

    What, Buying junk bonds?
     
  5. Wish my fund was at 65%
     
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  6. Gimme Danger

    Gimme Danger Active Member

  7. 1989

    1989 Well-Known Member

    Oh...a bailout.
     
  8. Future

    Future Well-Known Member

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  9. Bubblehead

    Bubblehead My Senior Picture

    Sounds familiar.
    What happens to the Teamsters from companies other than UPS, when the biggest participant withdraws?
     
  10. Lead Belly

    Lead Belly BANNED

    You need to find yourself a woman or a dude.
     
  11. RonBurgandy??????????

    RonBurgandy?????????? God is Great, beer is good , People are crazy.

    Wut up lead. A n early Happy Memorial Day to u my brotha from anotha mother.
     
  12. RonBurgandy??????????

    RonBurgandy?????????? God is Great, beer is good , People are crazy.

    Happy early Memorial Day 2 u 2 brother.
     
  13. Lead Belly

    Lead Belly BANNED

    $traight ca$h homie. Yeah u as well brother!!!!
     
  14. realbrown1

    realbrown1 Annoy a liberal today. Hit them with facts.

    I heard this same thing about CSPF.

    Hmmmm, better get it in writing that your NETATIPF will still pay out for you 2, 3 or more contracts down the road.
     
  15. realbrown1

    realbrown1 Annoy a liberal today. Hit them with facts.

    Collapse?
     
  16. wide load

    wide load Well-Known Member

    What a :censored2: clown Son of Sam is. Doesn't even know how a pension works.
     
  17. Gimme Danger

    Gimme Danger Active Member

    I'm not a fan of SOB. I know what he did to my local.
    I do call it like it is, and I care deeply about my retirement.
     
  18. Gimme Danger

    Gimme Danger Active Member

    Ups is still in the fund. Read that link. Actually, a lot of companies have done the same thing that ups has done, and it is working.
     
  19. wide load

    wide load Well-Known Member

    There are some that are so blinded by hatred that they can't even take the truth from their own team. I applaud your honesty in your post to Sam.
     
  20. Lead Belly

    Lead Belly BANNED

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