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UPS Freight = TForce Freight
apwa : The unanswered questions
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<blockquote data-quote="local776" data-source="post: 174521" data-attributes="member: 6501"><ul style="text-align: left"> <li data-xf-list-type="ul"><span style="color: #000000"><br /> [*]<span style="font-family: 'Arial'"><span style="color: #000000">If UPS pension becomes a "single employer pension" it will not be covered by the Taft-Hartley Act which protects only multi-employer pensions. It would be eligible to make a "lump sum" payment of pension rather than a monthly annuity. The pension plan can make that decision without pensioners agreeing to the sum.<br /> </span></span></span></li> </ul> <ul style="text-align: left"> <li data-xf-list-type="ul"><span style="color: #000000"><br /> [*]<span style="font-family: 'Arial'"><span style="color: #000000">The APWA cannot just takeover the $50 billion now in Teamster pension plans just because it may represent UPS workers. {The Big Brown}There would be a withdrawl fee that would likely be in the billions of dollars. Who could afford that amount? Certainly not the newly formed APWA. UPS was willing and able to pay the withdrawl fee in '97. What would stop the APWA from cutting a deal with UPS and the Teamsters that would be in the benefit of both of them and allow UPS to take over the pension?<br /> </span></span></span></li> </ul> <ul style="text-align: left"> <li data-xf-list-type="ul"><span style="color: #000000"><br /> [*]<span style="font-family: 'Arial'"><span style="color: #000000">With the new rules instituted by the Pension Protection Act of 2006 many Teamster pension are only 60% funded. How could the APWA suddenly have enough money to make a pension plan that would be able to increase pensions for more UPSers than are currently vested?<br /> </span></span></span></li> </ul> <ul style="text-align: left"> <li data-xf-list-type="ul"><span style="color: #000000"><br /> [*]<span style="font-family: 'Arial'"><span style="color: #000000">Since the APWA does not have the structure of locals that the Teamsters has, how do they propose to have more than one collective bargaining agreement (contract)? A national contract without suppliments is something UPS has wanted.<br /> </span></span></span></li> </ul> <ul style="text-align: left"> <li data-xf-list-type="ul"><span style="color: #000000"><br /> [*][FONT=Helvetica, Arial, sans-serif]<span style="color: #000000"><span style="font-family: 'Arial'">How do they intend to enforce a CBA without locals? Can you imaging the chaos of trying to appoint/elect an entire union structure across the United States?</span></span>[/FONT]<br /> [*][FONT=Helvetica, Arial, sans-serif]<span style="color: #000000"><br /> Im sure Nospin will have the answers for us</span>[/FONT]</span></li> </ul></blockquote><p></p>
[QUOTE="local776, post: 174521, member: 6501"] [LEFT][LIST][COLOR=#000000] [*][FONT=Arial][COLOR=#000000]If UPS pension becomes a "single employer pension" it will not be covered by the Taft-Hartley Act which protects only multi-employer pensions. It would be eligible to make a "lump sum" payment of pension rather than a monthly annuity. The pension plan can make that decision without pensioners agreeing to the sum. [/COLOR][/FONT][/COLOR][/LIST] [LIST][COLOR=#000000] [*][FONT=Arial][COLOR=#000000]The APWA cannot just takeover the $50 billion now in Teamster pension plans just because it may represent UPS workers. {The Big Brown}There would be a withdrawl fee that would likely be in the billions of dollars. Who could afford that amount? Certainly not the newly formed APWA. UPS was willing and able to pay the withdrawl fee in '97. What would stop the APWA from cutting a deal with UPS and the Teamsters that would be in the benefit of both of them and allow UPS to take over the pension? [/COLOR][/FONT][/COLOR][/LIST] [LIST][COLOR=#000000] [*][FONT=Arial][COLOR=#000000]With the new rules instituted by the Pension Protection Act of 2006 many Teamster pension are only 60% funded. How could the APWA suddenly have enough money to make a pension plan that would be able to increase pensions for more UPSers than are currently vested? [/COLOR][/FONT][/COLOR][/LIST] [LIST][COLOR=#000000] [*][FONT=Arial][COLOR=#000000]Since the APWA does not have the structure of locals that the Teamsters has, how do they propose to have more than one collective bargaining agreement (contract)? A national contract without suppliments is something UPS has wanted. [/COLOR][/FONT][/COLOR][/LIST] [LIST][COLOR=#000000] [*][FONT=Helvetica, Arial, sans-serif][COLOR=#000000][FONT=Arial]How do they intend to enforce a CBA without locals? Can you imaging the chaos of trying to appoint/elect an entire union structure across the United States?[/FONT][/COLOR][/FONT] [*][FONT=Helvetica, Arial, sans-serif][COLOR=#000000][FONT=Arial][/FONT] Im sure Nospin will have the answers for us[/COLOR][/FONT][/COLOR][/LIST][/LEFT] [/QUOTE]
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