Those covered by Central States have just had their Pension Benefits increased. (Teamworks mag "Summer 2006, page 12)
Worker,,,
You're misleading everyone on that "increase". Here's a quote from the Leedham debate where Leedham called yall out on it.
They're not being straight with Teamster members. In fact, this just came out from Teamworks. It's a newsletter from Central States, and in it it indicates participantswith national contracts receive a 43 percent combined increase, but in the small print, it tells you that you have to work another 30 years from today. So if you make it to 2036, you might see an increased benefit
And he's correct. Look at that
table and at the bottom is some small print saying
amounts based on contribution years earned after 2006.... So if you can work another 30 years, then you might get to enjoy those benefit increases. How big of a supply of BenGay do you have?
They assume that enough people will jump onboard to vote the Teamsters out and APWA will become our barganing agent. This will only divide and let the company gain power. They assume that they will get a certain return on money invested for your Pension. What if investments go sour? They assume that they can get better medical benefits while medical costs are skyrocketting. They assume that we will believe their "pie in the sky" great representation....DON'T CUT AND RUN!!!
The only division here would be the one where IBT's cash flow gets divided in half after they lose their largest member whose back they have been riding the past 15years. And you attack market speculation as "assuming" as if its some risky, wild new idea. IBT 'assumes' that the market will perform well when they invest our money. The rest of the free world 'assumes' that the market will perform well when they invest their money. So how is this such a risky endeavor if THE REST OF THE FREE ENTERPRISE WORLD is doing it? And from the benefits we're getting now, any change would be an improvement. And the medical benefits aren't assumptions. These are actual bids that have been placed by insurance companies who are courting the APWA. You think the Van and Danny pulled these insurance claims out of their ass? After evaluating the benefit proposals of several insurance companies, the best offer was accepted and was posted on the website. Not much assumption there. And if healthcare cost do skyrocket, these increases would be felt by IBT also, so increased cost of healthcare would not be a problem isolated to APWA members. Pie in the sky representation? Currently the Teamster BA have to provide services for 1.4 million people. APWA BA would have to provide services to approximately 250,000 UPS employees.
Which business agent is going to have more time to spend at my hub or barn? The IBT business agent who has to take care of
5 times the number of members at
multiple workcites or the APWA business agent who has fewer members located at one employer? Think about that....
Nospin