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Brown Cafe UPS Forum
UPS Union Issues
UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="dannyboy" data-source="post: 55524"><p>"However, we are part of the gangrene. </p><p> </p><p>What's the benefit for us? " </p><p> </p><p>So you are suggesting that we all need to hang in there and see what the end will bring? </p><p> </p><p> </p><p> </p><p>"UPS hasn't given any sign they are looking out for us." </p><p> </p><p>Legally they cant. You are all the same in the blind bucket of the plan. Each member is equal and treated the same. It would be against federal law for them to come up to you and say dont worry about what is going to happen to you and your pension when we withdraw from the plan, we will take care of you. They just cant. The best they can do is withdraw as best they can with the union making the most money in the deal, and the members getting to eat dog food. </p><p> </p><p>Sorry, it is just frightening to listen to the reasons given by plans like central states as to why they are so underfunded. Like the down turn in the economy, and 911. While some did lose some money, their problem went further back than that, and much deeper. Untill you get rid of what caused the problems, you will allways have those problems, no matter how much money is thrown at it. </p><p> </p><p>IMHO, Jimmy is part of that problem. </p><p> </p><p>d</p></blockquote><p></p>
[QUOTE="dannyboy, post: 55524"] "However, we are part of the gangrene. What's the benefit for us? " So you are suggesting that we all need to hang in there and see what the end will bring? "UPS hasn't given any sign they are looking out for us." Legally they cant. You are all the same in the blind bucket of the plan. Each member is equal and treated the same. It would be against federal law for them to come up to you and say dont worry about what is going to happen to you and your pension when we withdraw from the plan, we will take care of you. They just cant. The best they can do is withdraw as best they can with the union making the most money in the deal, and the members getting to eat dog food. Sorry, it is just frightening to listen to the reasons given by plans like central states as to why they are so underfunded. Like the down turn in the economy, and 911. While some did lose some money, their problem went further back than that, and much deeper. Untill you get rid of what caused the problems, you will allways have those problems, no matter how much money is thrown at it. IMHO, Jimmy is part of that problem. d [/QUOTE]
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