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: 1284710" data-attributes="member: 52299"><p>I was there when Pat was questioned about the amount and he never denied it. In fact he told the member questioning it to deal with it because it isn't going up and those were the exact figures being used. </p><p></p><p>Let's say you are correct and it is $20 into the fund and $20 into H/W. That still means UPS is paying $600 a week per employee into our funds without any increase anywhere. </p><p></p><p>Btw, I also did the math on $200 a week for 30 years at 5%. We haven't seen an amount that low in a decade at least. That number comes in just shy of 700 grand. That same 5% basically covers your pension. In fact one could draw 6% out of that fund for 30+ years and never run out of money. So thank you for going down this road. It only makes Pat and those who control the money look worse. So where did the increases go over the last decade????</p><p></p><p>Yes I am a steward. I am one that wants to make sure the word gets out that there are thousands of dollars that are not improving the lives and it's members.</p></blockquote><p></p>
[QUOTE="710 steward, post: 1284710, member: 52299"] I was there when Pat was questioned about the amount and he never denied it. In fact he told the member questioning it to deal with it because it isn't going up and those were the exact figures being used. Let's say you are correct and it is $20 into the fund and $20 into H/W. That still means UPS is paying $600 a week per employee into our funds without any increase anywhere. Btw, I also did the math on $200 a week for 30 years at 5%. We haven't seen an amount that low in a decade at least. That number comes in just shy of 700 grand. That same 5% basically covers your pension. In fact one could draw 6% out of that fund for 30+ years and never run out of money. So thank you for going down this road. It only makes Pat and those who control the money look worse. So where did the increases go over the last decade???? Yes I am a steward. I am one that wants to make sure the word gets out that there are thousands of dollars that are not improving the lives and it's members. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
Top