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UPS Union Issues
Another example of Central States mismanagement
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<blockquote data-quote="area43" data-source="post: 215039" data-attributes="member: 4862"><p>Thanks Red for the compliment. I agree with you red on the fact we should not just b*tch about a problem but try and find real solutions to the problem. First off, "Multiple Employer fund", Oh Bannas, I just cringe when I hear those 3 little words. I believe the phrase should be band from the human dictionary and thrown into the firery pit of hell. Also, Who ever came up with that idea should be thrown in there tooo. M.E.friend. is a failed way of doing retirements. Red, havent you read in the papers of all those failed plans. I m surprised that you would even consider attempting another one(I say this with all do respect). We first have to get that bad idea(M.E.friend.) out of our head and then we can move on.</p><p> </p><p>The biggest problem with the MEF is that it takes away the basic individual freedom of the employee. It puts your retirement at the hands of another. I believe the teamsters are very well aware of this. Have you ever heard of the "Golden Rule". He who has the gold makes the rules. The teamster know that by controlling your pension that they have control over you. Is it really our money? The money, UPS gives the teamsters. This is my analogy(it pertains to the workers that are working now at ups). Lets say I gave you 20 dollars, but when I gave it to you I said look but dont touch, Its yours but you cant have it, yet. Then I take your 20 and throw it into a bucket, and let a bunch of strangers have at it. In the meantime your working your ass off, while they are enjoying the fruits of your labor. Then when you finish your 25, 30,35,or40 years(or whatever) and are waiting at the door for your 20 I would say"Your lucky". I have it but Im only going to give you a dollar each year for the next 20 years. At least I hope I can(fingers crossed). Its a little bit rough analogy but I believe it brings my point home.</p><p> </p><p>The MEP is the total opposite of what our founding fathers had intended this great country to be. The pursuit of life, liberty and individual economic security(something to that nature).</p><p> </p><p>UPS, what if they took over the pension. I look at their track record over the last 100 years and its pretty impressive. Red, any time you want to change something or anything for that matter an element of risk will always be involved. The unknown is scrary, especially when it deals with your way of life. Most of us do not like to come out of our comfort zone. We would rather sit back and let things stay as they are-rather it be good or bad. UPS, controlling the pension, I personally will say, yes, but with caution. Red, we really dont have much choice on the matter, our back is against the wall. Who knows maybe will be presently surprised.</p><p> </p><p>Sorry, Im not a big fan of long post. This is my last and final point. Ill try and make it brief. The last,best and final option. Have the pension go to each employee personally. An a account with your name and your name only. It would be like a 401k or it could be the 401k. Just think Red, its your own money, invest as YOU please. YOU have total control of your destiny. That would be great. I get all excited just thinking about it. Thats how I believe all pensions should be handled. Quit,get fired,company goes out business you will still have your money. Red,I might be unclear on this but I believe that you took back your local and turned it around. I honestly believe thats what needs to be done here. Take back our hard earned pension and give it back to the individual masses. A pipe dream, could very well be, but the thought of it is surely nice. Take care my friend. Area 43 out. ( :</p><p> </p><p>.</p></blockquote><p></p>
[QUOTE="area43, post: 215039, member: 4862"] Thanks Red for the compliment. I agree with you red on the fact we should not just b*tch about a problem but try and find real solutions to the problem. First off, "Multiple Employer fund", Oh Bannas, I just cringe when I hear those 3 little words. I believe the phrase should be band from the human dictionary and thrown into the firery pit of hell. Also, Who ever came up with that idea should be thrown in there tooo. M.E.friend. is a failed way of doing retirements. Red, havent you read in the papers of all those failed plans. I m surprised that you would even consider attempting another one(I say this with all do respect). We first have to get that bad idea(M.E.friend.) out of our head and then we can move on. The biggest problem with the MEF is that it takes away the basic individual freedom of the employee. It puts your retirement at the hands of another. I believe the teamsters are very well aware of this. Have you ever heard of the "Golden Rule". He who has the gold makes the rules. The teamster know that by controlling your pension that they have control over you. Is it really our money? The money, UPS gives the teamsters. This is my analogy(it pertains to the workers that are working now at ups). Lets say I gave you 20 dollars, but when I gave it to you I said look but dont touch, Its yours but you cant have it, yet. Then I take your 20 and throw it into a bucket, and let a bunch of strangers have at it. In the meantime your working your ass off, while they are enjoying the fruits of your labor. Then when you finish your 25, 30,35,or40 years(or whatever) and are waiting at the door for your 20 I would say"Your lucky". I have it but Im only going to give you a dollar each year for the next 20 years. At least I hope I can(fingers crossed). Its a little bit rough analogy but I believe it brings my point home. The MEP is the total opposite of what our founding fathers had intended this great country to be. The pursuit of life, liberty and individual economic security(something to that nature). UPS, what if they took over the pension. I look at their track record over the last 100 years and its pretty impressive. Red, any time you want to change something or anything for that matter an element of risk will always be involved. The unknown is scrary, especially when it deals with your way of life. Most of us do not like to come out of our comfort zone. We would rather sit back and let things stay as they are-rather it be good or bad. UPS, controlling the pension, I personally will say, yes, but with caution. Red, we really dont have much choice on the matter, our back is against the wall. Who knows maybe will be presently surprised. Sorry, Im not a big fan of long post. This is my last and final point. Ill try and make it brief. The last,best and final option. Have the pension go to each employee personally. An a account with your name and your name only. It would be like a 401k or it could be the 401k. Just think Red, its your own money, invest as YOU please. YOU have total control of your destiny. That would be great. I get all excited just thinking about it. Thats how I believe all pensions should be handled. Quit,get fired,company goes out business you will still have your money. Red,I might be unclear on this but I believe that you took back your local and turned it around. I honestly believe thats what needs to be done here. Take back our hard earned pension and give it back to the individual masses. A pipe dream, could very well be, but the thought of it is surely nice. Take care my friend. Area 43 out. ( : . [/QUOTE]
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