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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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<blockquote data-quote="Booblebrown" data-source="post: 1279219" data-attributes="member: 52205"><p>Not to mention some pension reform. We are currently contributing 401.00 per FT employee per week into this weak pension plan. Not to be overlooked is that they have raised the contributions 30% by the end of this contract to 601.00 per week. That absurd amount comes to 31,252.00 per year for every FT employee. If you retire with a 25 yr pension that's 33,600.00 less (of course) taxes and health care premiums. Hardly a return on our investment for all of the hard work we do. If they can't invest it properly, maybe we need to take a chunk of that money and put it in our 401k. We have worked hard and have the right to retire. Back in 90, we contributed 93.00 per week per FT for a total of 4836.00 per year. And in in 2018 it will be 31,252.00 with only 1 small increase. Whats wrong with this picture</p></blockquote><p></p>
[QUOTE="Booblebrown, post: 1279219, member: 52205"] Not to mention some pension reform. We are currently contributing 401.00 per FT employee per week into this weak pension plan. Not to be overlooked is that they have raised the contributions 30% by the end of this contract to 601.00 per week. That absurd amount comes to 31,252.00 per year for every FT employee. If you retire with a 25 yr pension that's 33,600.00 less (of course) taxes and health care premiums. Hardly a return on our investment for all of the hard work we do. If they can't invest it properly, maybe we need to take a chunk of that money and put it in our 401k. We have worked hard and have the right to retire. Back in 90, we contributed 93.00 per week per FT for a total of 4836.00 per year. And in in 2018 it will be 31,252.00 with only 1 small increase. Whats wrong with this picture [/QUOTE]
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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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