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APWA ???
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<blockquote data-quote="Cezanne" data-source="post: 97694" data-attributes="member: 5104"><p>It would be interesting to get a comparsion of the monetary contributions that are going into the IAM mechanics and teamsters run pension or health and welfare plans over the years. From my understanding the mechanics' fund has invested early on with alot of UPS stock in it's portfolio, can well understand the return. </p><p> </p><p>It appears to me that this whole APWA push is for a better retirement, a one issue union, hell with the rest. Reality is that the only negotiating tool that a union would have is the ability to call a nationwide strike if it came down to that. Look at the last contract that the Canadian UPS teamsters settle I believe last year, was there not a threat of the company to pull out of the entire country if the contract was not accepted. What happens in the small state of the right to work North Carolina if UPS uses this tactic to force a issue or settle a contract dispute. It has done this in the past and apparently is willing to use it tomorrow. </p><p> </p><p>I have no love that the way the teamsters' officials have been behaving and handling this pension issue, of course we been lied too. The failure to aquire new participants to the pension and health and welfare plans for years have created this problem, the raises in the benefits after the "97" strike only added to the underfunding. Have said this before that this uproar of the red line provision in the upcoming pension reform bill by the mostly senior teamster members can be considered a grab for the money before the bigger cuts come into play, to hell with the rest of the less seniority members. Greed is a nasty trait and not a good foundation to build or support a union, old or new. </p><p> </p><p>Do not know the details that the company is very interesting in settling this pension problem. The concept of the teamster run pension funds folding appears to a major concern on the federal level, thinking before that happens ALL parties concerned will have to SHARE THE PAIN. A real incentive for this early contract talks. With all the doom and gloom talk about the current pension trouble, people have to realize that this is not in the line of the GM/Dephi or airline industry problem considering the profitablity of UPS over many a year. The money is there it is a matter of getting the best return for both parties.</p><p> </p><p>I believe that a vast majority of the part timers pension and health and welfare plans are controled by UPS already, there are some areas were they are under teamsters' benefit plans, any info into this would be helpful. This is a big issue with the repriocity aggreements with come into play with many of us vested in both company and union plans, last contract failed to address this issue or was settled to prevent a mass exodus of UPS employees from draining the pension funds. Bottom line is that people better start to educate themselves on the issues involved with this issue, still can not believe the misinformation and deception that is going around.</p></blockquote><p></p>
[QUOTE="Cezanne, post: 97694, member: 5104"] It would be interesting to get a comparsion of the monetary contributions that are going into the IAM mechanics and teamsters run pension or health and welfare plans over the years. From my understanding the mechanics' fund has invested early on with alot of UPS stock in it's portfolio, can well understand the return. It appears to me that this whole APWA push is for a better retirement, a one issue union, hell with the rest. Reality is that the only negotiating tool that a union would have is the ability to call a nationwide strike if it came down to that. Look at the last contract that the Canadian UPS teamsters settle I believe last year, was there not a threat of the company to pull out of the entire country if the contract was not accepted. What happens in the small state of the right to work North Carolina if UPS uses this tactic to force a issue or settle a contract dispute. It has done this in the past and apparently is willing to use it tomorrow. I have no love that the way the teamsters' officials have been behaving and handling this pension issue, of course we been lied too. The failure to aquire new participants to the pension and health and welfare plans for years have created this problem, the raises in the benefits after the "97" strike only added to the underfunding. Have said this before that this uproar of the red line provision in the upcoming pension reform bill by the mostly senior teamster members can be considered a grab for the money before the bigger cuts come into play, to hell with the rest of the less seniority members. Greed is a nasty trait and not a good foundation to build or support a union, old or new. Do not know the details that the company is very interesting in settling this pension problem. The concept of the teamster run pension funds folding appears to a major concern on the federal level, thinking before that happens ALL parties concerned will have to SHARE THE PAIN. A real incentive for this early contract talks. With all the doom and gloom talk about the current pension trouble, people have to realize that this is not in the line of the GM/Dephi or airline industry problem considering the profitablity of UPS over many a year. The money is there it is a matter of getting the best return for both parties. I believe that a vast majority of the part timers pension and health and welfare plans are controled by UPS already, there are some areas were they are under teamsters' benefit plans, any info into this would be helpful. This is a big issue with the repriocity aggreements with come into play with many of us vested in both company and union plans, last contract failed to address this issue or was settled to prevent a mass exodus of UPS employees from draining the pension funds. Bottom line is that people better start to educate themselves on the issues involved with this issue, still can not believe the misinformation and deception that is going around. [/QUOTE]
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