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UPS Subsidiaries
UPS Freight = TForce Freight
APWA Update: Indianapolis, Ind. Center
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<blockquote data-quote="Cezanne" data-source="post: 108330" data-attributes="member: 5104"><p>No idea to the character of the leadership of APWA or the Teamsters the bottom line is this upstart union's only issue is the pension and how we can get a bigger piece of the pie. The question should be asked, what would happen to these teamsters' pension and health and welfare plans if UPS was not contributing. Presuming they would default and go into the PGCB federal insurance program, which pays 1,000 per month for multi-employee plans. So how in the world if they are successful will they be able to collect the funds to pay for any decent pension benefit, particularly for the members who wll be retiring in the next five years. Look at your seniority lists and figure out if what would happen if the pension benefit was set for a good 25 and out any age, in my building we would lose half the package car drivers and three quarters of the feeder department. Face it, the last thing any pension or health and welfare trustee wants is more drain on the funds without the means of paying for these new retirees. Are you expecting UPS to shell out the extra 6,000 per month to cover your pie in the sky benefit of 7,000, boy are you guys in for a rude awakening<img src="/community/styles/default/xenforo/smilies/group1/cool.gif" class="smilie" loading="lazy" alt=":cool:" title="Cool :cool:" data-shortname=":cool:" /></p></blockquote><p></p>
[QUOTE="Cezanne, post: 108330, member: 5104"] No idea to the character of the leadership of APWA or the Teamsters the bottom line is this upstart union's only issue is the pension and how we can get a bigger piece of the pie. The question should be asked, what would happen to these teamsters' pension and health and welfare plans if UPS was not contributing. Presuming they would default and go into the PGCB federal insurance program, which pays 1,000 per month for multi-employee plans. So how in the world if they are successful will they be able to collect the funds to pay for any decent pension benefit, particularly for the members who wll be retiring in the next five years. Look at your seniority lists and figure out if what would happen if the pension benefit was set for a good 25 and out any age, in my building we would lose half the package car drivers and three quarters of the feeder department. Face it, the last thing any pension or health and welfare trustee wants is more drain on the funds without the means of paying for these new retirees. Are you expecting UPS to shell out the extra 6,000 per month to cover your pie in the sky benefit of 7,000, boy are you guys in for a rude awakening:cool: [/QUOTE]
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UPS Freight = TForce Freight
APWA Update: Indianapolis, Ind. Center
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