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Brown Cafe UPS Forum
UPS Union Issues
UPS Teamsters keeping their next two Wage increases
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<blockquote data-quote="silenze" data-source="post: 2358879" data-attributes="member: 22804"><p>Think your pension will get a bailout from ups? Think again.</p><p>Right in the master agreement </p><p></p><p>Memorandum of Understanding</p><p>United Parcel Service, Inc. (Ohio and New York Corporation), as a</p><p>demonstration of its commitment to maintaining jointly adminis-</p><p>tered Teamster pension benefit plans, and to enhance the long term</p><p>stability of pension coverage for its employees represented by</p><p>Teamster Local Unions, agrees that for a period of ten (10) years</p><p>from the effective date of the National Master Agreement, it will not</p><p>solicit any signatory Local Union to change pension plans, either by</p><p>proposing such change during future negotiations of the National</p><p>Master Agreement or by encouraging its employees to advocate</p><p>withdrawal from participation in their current pension plan.</p></blockquote><p></p>
[QUOTE="silenze, post: 2358879, member: 22804"] Think your pension will get a bailout from ups? Think again. Right in the master agreement Memorandum of Understanding United Parcel Service, Inc. (Ohio and New York Corporation), as a demonstration of its commitment to maintaining jointly adminis- tered Teamster pension benefit plans, and to enhance the long term stability of pension coverage for its employees represented by Teamster Local Unions, agrees that for a period of ten (10) years from the effective date of the National Master Agreement, it will not solicit any signatory Local Union to change pension plans, either by proposing such change during future negotiations of the National Master Agreement or by encouraging its employees to advocate withdrawal from participation in their current pension plan. [/QUOTE]
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UPS Teamsters keeping their next two Wage increases
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