The last paragraph of the contract...

Discussion in 'UPS Union Issues' started by pkg-king, Oct 18, 2007.

  1. pkg-king

    pkg-king New Member

    ...worries me. We were hoping to bail out of our locals pension plan and join the UPS plan, doesn't look like that can happen :sad::

    Memorandum of Understanding
    United Parcel Service, Inc. (Ohio and New York Corporation), as a demonstration of its commitment to maintaining jointly administered Teamster pension benefit plans, and to enhance the long term stability of pension coverage for its employees represented by Teamster Local
    Unions, agrees that for a period of ten (10) years from the effective date of the National Master Agreement, it will not solicit any signatory Local Union to change pension plans, either by proposing such change during future negotiations of the National Master Agreement or by encouraging its employees to advocate withdrawal from participation in their current pension plan.​