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UPS Union Issues
UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="feeders" data-source="post: 55514"><p>Just a few updates for all.</p><p>Here are some answers to some of the questions on this board.</p><p>YES, we will accept our Canadian co-workers</p><p>Yes, we will accept all UPS pilots.</p><p>Yes, our corporate logo is ready, I'll upload the attachment for all to see. I have a prototype of the membership card, it is white with logo on credit card plastic. </p><p></p><p>The APWA has no prohibited re-employment rules, that will added to the New Look page. Its you life, you do as you please when you retire.</p><p></p><p>Also, some have asked what is our position if UPS offers a pension buyout? If UPS elects to pull out of the Multi-Employer Pension Funds, we would gladly say "HELL YEAH." Current figures floating indicates the penalty would cost $2 billion for Central States, and another $2 billion for the Western Conference and all the other smaller funds. Roughly $4 billion total.</p><p></p><p>We have stated from the start that we have no control over the assets that are currently in Teamsters pension funds. That is why we purposed a new fund altogether. One that would allow you to accrue a benefit level in addition to what you have vested in a union fund. In other words, drawing from two separate funds.</p><p></p><p>He have heard about some union pension funds that have a break in service rule. For example: If you worked for a union company for 20 years and left for something else, then 8 years later decided to drive with a another union carrier for five years to get in 25 years. Though you may have 25 contributory years in the union pension fund, they may try to invalidate you original 19 years because of the length of the service break.</p><p></p><p>This is illegal. Our pension attorney will be addressing this issue shortly on the website.</p><p></p><p>UPS however, if they elect to pull out of the Multi-Employer Pension Fund can pay the withdrawal penalty, then take out all of their employer contribution assets, and all interest. That move alone would save our retirees pension, as well as ours. Remember, the Teamsters are only giving us 40 cents on a dollar in benefits. Just imagine what we would have if we kept the whole dollar plus interest!</p><p></p><p>That brings us to the $4 Billion. Would you be willing to give wage concessions to save your pension? Ultimately you would have to decide. The APWA is your union.</p><p></p><p>We don't mention this on the website because we have no control over what UPS may or may not do.</p><p>But if they ask, we'll say "HELL YEAH."</p><p></p><p></p><p></p><p>(Message edited by feeders on February 22, 2005)</p></blockquote><p></p>
[QUOTE="feeders, post: 55514"] Just a few updates for all. Here are some answers to some of the questions on this board. YES, we will accept our Canadian co-workers Yes, we will accept all UPS pilots. Yes, our corporate logo is ready, I'll upload the attachment for all to see. I have a prototype of the membership card, it is white with logo on credit card plastic. The APWA has no prohibited re-employment rules, that will added to the New Look page. Its you life, you do as you please when you retire. Also, some have asked what is our position if UPS offers a pension buyout? If UPS elects to pull out of the Multi-Employer Pension Funds, we would gladly say "HELL YEAH." Current figures floating indicates the penalty would cost $2 billion for Central States, and another $2 billion for the Western Conference and all the other smaller funds. Roughly $4 billion total. We have stated from the start that we have no control over the assets that are currently in Teamsters pension funds. That is why we purposed a new fund altogether. One that would allow you to accrue a benefit level in addition to what you have vested in a union fund. In other words, drawing from two separate funds. He have heard about some union pension funds that have a break in service rule. For example: If you worked for a union company for 20 years and left for something else, then 8 years later decided to drive with a another union carrier for five years to get in 25 years. Though you may have 25 contributory years in the union pension fund, they may try to invalidate you original 19 years because of the length of the service break. This is illegal. Our pension attorney will be addressing this issue shortly on the website. UPS however, if they elect to pull out of the Multi-Employer Pension Fund can pay the withdrawal penalty, then take out all of their employer contribution assets, and all interest. That move alone would save our retirees pension, as well as ours. Remember, the Teamsters are only giving us 40 cents on a dollar in benefits. Just imagine what we would have if we kept the whole dollar plus interest! That brings us to the $4 Billion. Would you be willing to give wage concessions to save your pension? Ultimately you would have to decide. The APWA is your union. We don't mention this on the website because we have no control over what UPS may or may not do. But if they ask, we'll say "HELL YEAH." (Message edited by feeders on February 22, 2005) [/QUOTE]
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