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Brown Cafe UPS Forum
UPS Union Issues
The Teamster Pension collapses continue.
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<blockquote data-quote="LagunaBrown" data-source="post: 2130513" data-attributes="member: 29765"><p>How many time do I have to explain this to you? First off there may not even be any diversion in 2016 or 2017. Secondly your numbskull plan would cancel your peer 80, you would be in teamcare and your retiree medical would be astronomical. So, again go compare what you have with UPSers here on Browncafe that are outside of the WCTP and have different a Taft Hartley. You see each state and every local have their own autonomy. When the Teamsters negotiate a contract and get a sum they will distribute it accordingly between pension or Health & welfare. If you don't levy them that means one will be less funded. That being said please do somey research and you will see all the high pensions will also pay high costs in healthcare. Now do the math and you will also see you are still making more than you ever have into your pension and have a great healthcare package for retirement because the good job balanced by the Teamsters in the West!</p><p></p><p>You should also invest in a 401k and not just depend on a pension, it's called diversity and is a wise plan if you care about your future.</p></blockquote><p></p>
[QUOTE="LagunaBrown, post: 2130513, member: 29765"] How many time do I have to explain this to you? First off there may not even be any diversion in 2016 or 2017. Secondly your numbskull plan would cancel your peer 80, you would be in teamcare and your retiree medical would be astronomical. So, again go compare what you have with UPSers here on Browncafe that are outside of the WCTP and have different a Taft Hartley. You see each state and every local have their own autonomy. When the Teamsters negotiate a contract and get a sum they will distribute it accordingly between pension or Health & welfare. If you don't levy them that means one will be less funded. That being said please do somey research and you will see all the high pensions will also pay high costs in healthcare. Now do the math and you will also see you are still making more than you ever have into your pension and have a great healthcare package for retirement because the good job balanced by the Teamsters in the West! You should also invest in a 401k and not just depend on a pension, it's called diversity and is a wise plan if you care about your future. [/QUOTE]
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The Teamster Pension collapses continue.
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