Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="710 steward" data-source="post: 1283650" data-attributes="member: 52299"><p>Slant</p><p></p><p>How are my retirement thoughts weakening the fund? I propose we split the $40 a year between the fund and our 401k's. After all that is still an increase for the fund, is it not? Have you ever taken $400 a week at 5% interest and compounded that for just 25 years? It comes out to just shy of one MILLION dollars!!!! Seriously, a million at the same 5% is a 50 thousand dollar a year payday without ever touching the principle. How's the $2800 a month 25 year pension look now?? We are the majority by 3 to 1 here guys. It's time for us to do what's right because Pat isn't. I was at the last meeting. Pat actually told everyone that they had it all wrong. He said its a good contract that we are all misguided by social media. I can read and add. No one is misguided here guys. It's not a bad contract, it's a horrible one. Someone please find me one honest to goodness thing in this proposal that we can look at and say at least that is better. It's not here guys and the amoun of money that isn't benefitting the membership is staggering. Just because Pat is saying no to our ideas doesn't mean anything. Remember he works for the majority and right now his proposal couldn't even get 700 yes votes. Think about folks. We work for UPS and Pat isnt working for us.</p></blockquote><p></p>
[QUOTE="710 steward, post: 1283650, member: 52299"] Slant How are my retirement thoughts weakening the fund? I propose we split the $40 a year between the fund and our 401k's. After all that is still an increase for the fund, is it not? Have you ever taken $400 a week at 5% interest and compounded that for just 25 years? It comes out to just shy of one MILLION dollars!!!! Seriously, a million at the same 5% is a 50 thousand dollar a year payday without ever touching the principle. How's the $2800 a month 25 year pension look now?? We are the majority by 3 to 1 here guys. It's time for us to do what's right because Pat isn't. I was at the last meeting. Pat actually told everyone that they had it all wrong. He said its a good contract that we are all misguided by social media. I can read and add. No one is misguided here guys. It's not a bad contract, it's a horrible one. Someone please find me one honest to goodness thing in this proposal that we can look at and say at least that is better. It's not here guys and the amoun of money that isn't benefitting the membership is staggering. Just because Pat is saying no to our ideas doesn't mean anything. Remember he works for the majority and right now his proposal couldn't even get 700 yes votes. Think about folks. We work for UPS and Pat isnt working for us. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
Top