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Brown Cafe UPS Forum
UPS Union Issues
2008 Contract Issues
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<blockquote data-quote="Ruralbrownman" data-source="post: 113543" data-attributes="member: 6126"><p>While I agree on the multicompany pensions , I certainly do not want the company in total control of the pension. Everything you read about in the newspaper about companies stealing and doing away with their pensions would happen at UPS. It MUST remain as it is now with union and company and government watching it. </p><p>Has the company ever been honest with the hourly worker. Remember when they did away with the trift plan. We were told we had to get the money out , well we had a few guys leave it in , altho they were pressured to get it out , and had a few more years of 100% returns. All that was was on attempt to get the union people to put the money in company stock. We must be careful with the pension funds , as the people in central states will tell you.</p></blockquote><p></p>
[QUOTE="Ruralbrownman, post: 113543, member: 6126"] While I agree on the multicompany pensions , I certainly do not want the company in total control of the pension. Everything you read about in the newspaper about companies stealing and doing away with their pensions would happen at UPS. It MUST remain as it is now with union and company and government watching it. Has the company ever been honest with the hourly worker. Remember when they did away with the trift plan. We were told we had to get the money out , well we had a few guys leave it in , altho they were pressured to get it out , and had a few more years of 100% returns. All that was was on attempt to get the union people to put the money in company stock. We must be careful with the pension funds , as the people in central states will tell you. [/QUOTE]
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