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Brown Cafe UPS Forum
UPS Union Issues
2023 contract
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<blockquote data-quote="DELACROIX" data-source="post: 5215097" data-attributes="member: 49065"><p>I don’t know if recent pension bailout will help with the pension disparities. Both the Union, UPS and the contributing companies lobbied heavy to get it passed, UPS is really off the hook once the monies are exchanged which is happening in July last I heard. </p><p></p><p>It would be great if all our pension plans paid the same for the same amount of service. That 2008 agreement with the new IBT/UPS was a rush job because both parties were looking at paying severe penalties associated with their critical status pension trust(s). They left a lot of members behind with the master language associated with the buy out. Of course the 2008 market crash did not help much.</p><p></p><p>There has been some real dirty dealings over our pension benefits over the years. Leadership playing games and politics. I do not know how the O’Brien team is going to handle correcting those issues, maybe stronger language with the Master that would provide increases to every member no matter were they are at .</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5215097, member: 49065"] I don’t know if recent pension bailout will help with the pension disparities. Both the Union, UPS and the contributing companies lobbied heavy to get it passed, UPS is really off the hook once the monies are exchanged which is happening in July last I heard. It would be great if all our pension plans paid the same for the same amount of service. That 2008 agreement with the new IBT/UPS was a rush job because both parties were looking at paying severe penalties associated with their critical status pension trust(s). They left a lot of members behind with the master language associated with the buy out. Of course the 2008 market crash did not help much. There has been some real dirty dealings over our pension benefits over the years. Leadership playing games and politics. I do not know how the O’Brien team is going to handle correcting those issues, maybe stronger language with the Master that would provide increases to every member no matter were they are at . [/QUOTE]
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