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Brown Cafe UPS Forum
UPS Union Issues
APWA ???
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<blockquote data-quote="Bill" data-source="post: 98816" data-attributes="member: 5483"><p>Here are a few things you forgot to mention. The APWA can boast about giving you $300,000 upon retirement and a $7,000 monthly pension. Do the math. If UPS contributes $196 per week per employee into your pension fund, each UPS employee would have over $1,200,000 after 30 years invested at 8%. Even if the rate of return averaged 6% over 30 years, you would still have $815,000. Right now you are receiving only a fraction of that. Under the APWA, this is your money. Shouldn't you get it when you retire. Do you want a secure retirement or do you want to stick with the Teamsters and collect less than half of what is rightfully yours. It's time for a change. Vote for the APWA and secure your future.</p></blockquote><p></p>
[QUOTE="Bill, post: 98816, member: 5483"] Here are a few things you forgot to mention. The APWA can boast about giving you $300,000 upon retirement and a $7,000 monthly pension. Do the math. If UPS contributes $196 per week per employee into your pension fund, each UPS employee would have over $1,200,000 after 30 years invested at 8%. Even if the rate of return averaged 6% over 30 years, you would still have $815,000. Right now you are receiving only a fraction of that. Under the APWA, this is your money. Shouldn't you get it when you retire. Do you want a secure retirement or do you want to stick with the Teamsters and collect less than half of what is rightfully yours. It's time for a change. Vote for the APWA and secure your future. [/QUOTE]
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