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Brown Cafe UPS Forum
UPS Union Issues
$2.50 Pension Increase for the Southwest is a Farce!
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<blockquote data-quote="Ms.PacMan" data-source="post: 1166625" data-attributes="member: 4656"><p>It was you and Stink that created that confusion. Every time I posted about the dangers of the Teamsters diverting future raises and pension contributions into Teamcare, should Teamcare become underfunded - you two would post that the pension and Teamcare were different.</p><p></p><p>For the confused.... Teamcare and the pensions are different. HOWEVER - should Teamcare become underfunded in the future - FUTURE raises and money negotiated for contributions for ANY Teamster pension can be diverted into the Teamcare fund to fix the insolvency. CS pension is already toast but other pension funds could be in danger if future contributions are diverted to Teamcare.</p><p></p><p>Will the CS Teamsters be responsible with that money? Most Upsers fear they won't given their history with the CS pension fund.</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 1166625, member: 4656"] It was you and Stink that created that confusion. Every time I posted about the dangers of the Teamsters diverting future raises and pension contributions into Teamcare, should Teamcare become underfunded - you two would post that the pension and Teamcare were different. For the confused.... Teamcare and the pensions are different. HOWEVER - should Teamcare become underfunded in the future - FUTURE raises and money negotiated for contributions for ANY Teamster pension can be diverted into the Teamcare fund to fix the insolvency. CS pension is already toast but other pension funds could be in danger if future contributions are diverted to Teamcare. Will the CS Teamsters be responsible with that money? Most Upsers fear they won't given their history with the CS pension fund. [/QUOTE]
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$2.50 Pension Increase for the Southwest is a Farce!
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