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Brown Cafe UPS Forum
UPS Union Issues
To all the Hoffa haters
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<blockquote data-quote="grgrcr88" data-source="post: 875575" data-attributes="member: 16611"><p>How do you figure we lost nothing. We lost 40,000 members of the Central States Pension fund. Traded them off for the right to organize 12,000 UPS Freight workers. What do you think that did for the current retirerees in the fund. That fund is not operating at an upside down rate of 4 retirees to 1 active working employee. It also led the way for many, many other companies to pull out of the fund in fear that it may fail and their employees will get 1/3 of their guaranteed pension. </p><p></p><p>If you don't remember that is the main reason we went on strike in 97, to keep the company from getting ahold of that pension fund. Hoffa gave it to them on a silver platter to make himself look like the big shot organizer that finally got overnight freight to join the teamsters. Then he allowed those UPS freight workers to join the company pension plan and not the Central States plan like all others in the national master freight agreement. </p><p></p><p>Thats just one thing we gave up. We could start a list if you want, but I don't have time!!</p></blockquote><p></p>
[QUOTE="grgrcr88, post: 875575, member: 16611"] How do you figure we lost nothing. We lost 40,000 members of the Central States Pension fund. Traded them off for the right to organize 12,000 UPS Freight workers. What do you think that did for the current retirerees in the fund. That fund is not operating at an upside down rate of 4 retirees to 1 active working employee. It also led the way for many, many other companies to pull out of the fund in fear that it may fail and their employees will get 1/3 of their guaranteed pension. If you don't remember that is the main reason we went on strike in 97, to keep the company from getting ahold of that pension fund. Hoffa gave it to them on a silver platter to make himself look like the big shot organizer that finally got overnight freight to join the teamsters. Then he allowed those UPS freight workers to join the company pension plan and not the Central States plan like all others in the national master freight agreement. Thats just one thing we gave up. We could start a list if you want, but I don't have time!! [/QUOTE]
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