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UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="curious" data-source="post: 55421"><p>I had to indulge myself and delve into what the APWA has to say about pension fund. After looking at the facts they put out in their "Where's the Money?" flyer, I can't figure out exactly what they are trying to say.</p><p></p><p>So what they are saying is that after 44 months, I actually would receive back what was contributed to the fund in my name, every cent. (by the way, whoever wrote this flyer, 44 weeks is less than one year, not four. 44 months would be less than 4 years. Probably just a typo, you'll want to improve on that attention to detail thing if you hope to be responsible for hundreds of thousands of people's livelihoods!!) And then, after recouping my principal investment, I will receive my monthly pension checks for another 166 months, almost another 14 years assuming I die when the actuaries tell me to, maybe longer. This is a total cost of $630,000. </p><p></p><p>Now, the brain trust at APWA wont look to the future to tell me what they will do, they just look back over the past 30 years and tell me that instead of securing $630,000 for my retirement, they would have secured me $688,288. Wow, what a difference..not so much. Most people have 20/20 hindsight, $58,288 is all the difference they say they could have made??? I aint that smart, but looking back over the past 30 years, even I could do better than a $58,288 difference. So they are asking me to take a chance on them so that they can manage the money or someone they know can manage it for only 1/10 of one percent of the money? Hell, for a bottle of whiskey and a pack of Winstons, my Uncle Jed can manage the money and I think he even knows the difference between a week and a month</p><p></p><p>It appears that they have retained legal counsel, so he can probably answer this for you as well. A friend of yours stated on another site: "The Department of Labor probably only recognizes the official agent of a collective bargaining unit AFTER the agent has been elected by the employees through the decertification process outlined by the NLRB."</p><p>Heres what actually happens in a decertification election, if you actually win, you are barred from having ANY labor union represent you for a period of one year. ONE YEAR with absolutely NO rights, no seniority, no guaranteed benefits, no overtime except after 40 hours, no paid vacations, nothing. What do you think almighty UPS will do in the vacuum of no representation! I dont think I need to elaborate on that any further. Assuming that you are still employed there after one year, (unlikely) you then get the task of organizing from the ground up, one center at a time all over the country, all alone. Sounds like fun to me!!! Im sure the people fighting for representation at DHL can tell you just how easy its not!</p></blockquote><p></p>
[QUOTE="curious, post: 55421"] I had to indulge myself and delve into what the APWA has to say about pension fund. After looking at the facts they put out in their "Where's the Money?" flyer, I can't figure out exactly what they are trying to say. So what they are saying is that after 44 months, I actually would receive back what was contributed to the fund in my name, every cent. (by the way, whoever wrote this flyer, 44 weeks is less than one year, not four. 44 months would be less than 4 years. Probably just a typo, you'll want to improve on that attention to detail thing if you hope to be responsible for hundreds of thousands of people's livelihoods!!) And then, after recouping my principal investment, I will receive my monthly pension checks for another 166 months, almost another 14 years assuming I die when the actuaries tell me to, maybe longer. This is a total cost of $630,000. Now, the brain trust at APWA wont look to the future to tell me what they will do, they just look back over the past 30 years and tell me that instead of securing $630,000 for my retirement, they would have secured me $688,288. Wow, what a difference..not so much. Most people have 20/20 hindsight, $58,288 is all the difference they say they could have made??? I aint that smart, but looking back over the past 30 years, even I could do better than a $58,288 difference. So they are asking me to take a chance on them so that they can manage the money or someone they know can manage it for only 1/10 of one percent of the money? Hell, for a bottle of whiskey and a pack of Winstons, my Uncle Jed can manage the money and I think he even knows the difference between a week and a month It appears that they have retained legal counsel, so he can probably answer this for you as well. A friend of yours stated on another site: "The Department of Labor probably only recognizes the official agent of a collective bargaining unit AFTER the agent has been elected by the employees through the decertification process outlined by the NLRB." Heres what actually happens in a decertification election, if you actually win, you are barred from having ANY labor union represent you for a period of one year. ONE YEAR with absolutely NO rights, no seniority, no guaranteed benefits, no overtime except after 40 hours, no paid vacations, nothing. What do you think almighty UPS will do in the vacuum of no representation! I dont think I need to elaborate on that any further. Assuming that you are still employed there after one year, (unlikely) you then get the task of organizing from the ground up, one center at a time all over the country, all alone. Sounds like fun to me!!! Im sure the people fighting for representation at DHL can tell you just how easy its not! [/QUOTE]
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