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UPS Subsidiaries
UPS Freight = TForce Freight
Ups Freight You Have A Choice!
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<blockquote data-quote="Dogbite56" data-source="post: 142814" data-attributes="member: 7244"><p>I don't see why you guys would want to splinter the union. In 1978, when our contracts were all bargained by either region or district, a strike was called in Philadelphia. What did the company do? They closed down Philly for a year, and came back in '79 and hired all new employees. All deliveries in Philly were handled by out of district drivers. Still UPS, still Teamsters, but Philly was shut out. Now, if you're talking a whole region signing with APWA, then you have some power. If not, you're looking at the same thing that happened to Philly. Shut down any area the company feels is making unreasonable demands. Not even necessarily that. Just to provide a lesson.</p><p> </p><p>As far as pensions are concerned, no, we do not want to take over your pensions. In Western Regional, we're funded to over $30B, as I recall. I just qualified for my 80 points, but know I'll have to work for another 5 years. What's the point of retiring at 50 if the pension won't compare with my 55 hour average paycheck? Even if I scale down my lifestyle, I figure to be that much more secure if I put in a few more years. My health is just fine, so I don't see that as a problem. I feel just a tad insecure about the way the country is moving toward socializing the pensions, hope it doesn't come to that, but I figure those who have the brains to help provide for their retirement when it comes, should be ok. It's great to be able to buy UPS stock at a 10% discount, and they're solid on the way they're paying their dividends, but even that isn't the only stock I own. Don't keep all your eggs in one basket. I don't want to have to depend solely on any one part of my retirement preparations, but hope that every precaution I've taken will see me through however much time I have left when I do retire.</p></blockquote><p></p>
[QUOTE="Dogbite56, post: 142814, member: 7244"] I don't see why you guys would want to splinter the union. In 1978, when our contracts were all bargained by either region or district, a strike was called in Philadelphia. What did the company do? They closed down Philly for a year, and came back in '79 and hired all new employees. All deliveries in Philly were handled by out of district drivers. Still UPS, still Teamsters, but Philly was shut out. Now, if you're talking a whole region signing with APWA, then you have some power. If not, you're looking at the same thing that happened to Philly. Shut down any area the company feels is making unreasonable demands. Not even necessarily that. Just to provide a lesson. As far as pensions are concerned, no, we do not want to take over your pensions. In Western Regional, we're funded to over $30B, as I recall. I just qualified for my 80 points, but know I'll have to work for another 5 years. What's the point of retiring at 50 if the pension won't compare with my 55 hour average paycheck? Even if I scale down my lifestyle, I figure to be that much more secure if I put in a few more years. My health is just fine, so I don't see that as a problem. I feel just a tad insecure about the way the country is moving toward socializing the pensions, hope it doesn't come to that, but I figure those who have the brains to help provide for their retirement when it comes, should be ok. It's great to be able to buy UPS stock at a 10% discount, and they're solid on the way they're paying their dividends, but even that isn't the only stock I own. Don't keep all your eggs in one basket. I don't want to have to depend solely on any one part of my retirement preparations, but hope that every precaution I've taken will see me through however much time I have left when I do retire. [/QUOTE]
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