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Brown Cafe UPS Forum
UPS Union Issues
"To all UPS Employees concerned about their pensions & Benefits" !!!!!!
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<blockquote data-quote="Bill" data-source="post: 126701" data-attributes="member: 5483"><p>Let me put it in a simple statement , so that even you can understand it. Under the Teamster plan, because they give away 60% of UPS pension money, you have to work more years and receive less. You worked hard all these years, you earned your pension money, it should be yours whenever you plan plan to retire at the age that you choose. The APWA plan can give you morey retirement money, simply based on the fact that "all" UPS pension will go to UPS people and not diverted to other companies. As far as pro-rating your pension, if the APWA wins the election, and throws the Teamsters out, The pension money will be that the Teamsters now control, will be divided up percentage-wise amongst the participants and the APWA will get the share depending on the number of employees. Obviously the Teamsters will not give this money away willingly, because they are rewarding themselves with your money. There will be a court case and under labor laws, it must be settled in less than 2 years. In summation, we are better off, because whatever money that is handed over to The APWA, is all going to go to UPO people, and all future contributions to our pension fund will go directly to us.</p></blockquote><p></p>
[QUOTE="Bill, post: 126701, member: 5483"] Let me put it in a simple statement , so that even you can understand it. Under the Teamster plan, because they give away 60% of UPS pension money, you have to work more years and receive less. You worked hard all these years, you earned your pension money, it should be yours whenever you plan plan to retire at the age that you choose. The APWA plan can give you morey retirement money, simply based on the fact that "all" UPS pension will go to UPS people and not diverted to other companies. As far as pro-rating your pension, if the APWA wins the election, and throws the Teamsters out, The pension money will be that the Teamsters now control, will be divided up percentage-wise amongst the participants and the APWA will get the share depending on the number of employees. Obviously the Teamsters will not give this money away willingly, because they are rewarding themselves with your money. There will be a court case and under labor laws, it must be settled in less than 2 years. In summation, we are better off, because whatever money that is handed over to The APWA, is all going to go to UPO people, and all future contributions to our pension fund will go directly to us. [/QUOTE]
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"To all UPS Employees concerned about their pensions & Benefits" !!!!!!
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