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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="Inthegame" data-source="post: 1284758" data-attributes="member: 37112"><p>Of course he didn't deny $40 per year per member is going to the Funds because that's accurate. The point is you are inaccurate in your imagined $200 going to Pension and you claim to know what's going on. Read your proposal. It is in black and white. </p><p></p><p>I am correct so there's no need to play your "lets say" game. And you're still mixing apples and bricks. $600??? Do you have any idea what your bennys really cost? By the end of this deal, UPS will be paying over $900 per FT member per week into L710's Pension and H&W (TeamCare). You'll most likely see a Pension increase as that fund has done well following the '08 meltdown. H&W will be maintained at current levels with improved coverage as experience dictates, and better than anyone else you know. That comes from a Union negotiated contract, not individual bargaining. </p><p>So you think $200 was the contribution rate 30 yrs ago? You really need to do some research. I've been around awhile friend and in 6 years of retirement I'll draw more out than went in on my behalf. My family tends to live long so there's a good chance I'll be drawing 5X what went in and my wife gets the survivor benefit when I kick. A 401 is a good supplement but far from superior to a well run Pension.</p><p>Keep spreading your inaccuracies with your "getting the word out". You won't be a steward long.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1284758, member: 37112"] Of course he didn't deny $40 per year per member is going to the Funds because that's accurate. The point is you are inaccurate in your imagined $200 going to Pension and you claim to know what's going on. Read your proposal. It is in black and white. I am correct so there's no need to play your "lets say" game. And you're still mixing apples and bricks. $600??? Do you have any idea what your bennys really cost? By the end of this deal, UPS will be paying over $900 per FT member per week into L710's Pension and H&W (TeamCare). You'll most likely see a Pension increase as that fund has done well following the '08 meltdown. H&W will be maintained at current levels with improved coverage as experience dictates, and better than anyone else you know. That comes from a Union negotiated contract, not individual bargaining. So you think $200 was the contribution rate 30 yrs ago? You really need to do some research. I've been around awhile friend and in 6 years of retirement I'll draw more out than went in on my behalf. My family tends to live long so there's a good chance I'll be drawing 5X what went in and my wife gets the survivor benefit when I kick. A 401 is a good supplement but far from superior to a well run Pension. Keep spreading your inaccuracies with your "getting the word out". You won't be a steward long. [/QUOTE]
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UPS Union Issues
710 Votes No - 3 to 1 margin
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