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<blockquote data-quote="shakyshifter" data-source="post: 106917" data-attributes="member: 5965"><p>Scratch king....The Fund is not responsible for your WIFES cut of your pension. What some of the guys are doing is getting a term life insurance policy that is a lot cheaper than the "Spousal Survival" cut and still protects momma if you go first. </p><p> </p><p>The other thing is if you are going to keep working you are earning more for your pension today than you were before the Changes on Jan 04. As each year the contribution level goes up, so does your pension. The contribution levels have surpassed any effect the short years of 6% off under 62 would effect. I have indeed heard that some IAM get in the 4K range but I find it hard to believe they are in the 9K range because the Pension cannot exceed your earnings because of Erisa restrictions. I am aware of guys that worked at a rate less than UPS but at the same pension levels as UPS and were not able to take all of it.</p><p> </p><p>What I am tired of is that we have people on this board that the Teamsters have helped in hundreds of ways in the time you have been at ups>> They want too blame Hoffa, Central States, and others when the blame belongs in Washington DC on Capitol Hill. We better wake up or we will be legislated out of business while we fight amongst ourselves and we will all be trying to go to work for WalMart cause it is easier work than UPS and will pay the same if BIG BUSINESS has its way. We take our wages now. Compare them to anyone doing blue collar work. Do what we do in our center, start your own 401 K if you think investing is easy. We make the money, but if we allow these MOONSHINE SELLERS to intervene and weaken us, we will not make the money.</p><p> </p><p>Look back at how things when you started with UPS and how much better everything is. Is it yet perfect? Will it ever be? NO but I cannot imagine working for any but a couple of managers I have had in 30 years, without the Teamsters. This no power money scheme that these two 391 Hucksters cooked up will erase all the gains we made in two months if we were stupid enough to allow them to negotiate for us. </p><p></p><p>They say no one has to belong to the UNION. No Strike fund is needed. They have a NO CONFLICT agreement with UPS because they are using a UPS attorney.... They Lie every single issue of their newsletter and their own NC area fellow workers call them liars and theives.</p></blockquote><p></p>
[QUOTE="shakyshifter, post: 106917, member: 5965"] Scratch king....The Fund is not responsible for your WIFES cut of your pension. What some of the guys are doing is getting a term life insurance policy that is a lot cheaper than the "Spousal Survival" cut and still protects momma if you go first. The other thing is if you are going to keep working you are earning more for your pension today than you were before the Changes on Jan 04. As each year the contribution level goes up, so does your pension. The contribution levels have surpassed any effect the short years of 6% off under 62 would effect. I have indeed heard that some IAM get in the 4K range but I find it hard to believe they are in the 9K range because the Pension cannot exceed your earnings because of Erisa restrictions. I am aware of guys that worked at a rate less than UPS but at the same pension levels as UPS and were not able to take all of it. What I am tired of is that we have people on this board that the Teamsters have helped in hundreds of ways in the time you have been at ups>> They want too blame Hoffa, Central States, and others when the blame belongs in Washington DC on Capitol Hill. We better wake up or we will be legislated out of business while we fight amongst ourselves and we will all be trying to go to work for WalMart cause it is easier work than UPS and will pay the same if BIG BUSINESS has its way. We take our wages now. Compare them to anyone doing blue collar work. Do what we do in our center, start your own 401 K if you think investing is easy. We make the money, but if we allow these MOONSHINE SELLERS to intervene and weaken us, we will not make the money. Look back at how things when you started with UPS and how much better everything is. Is it yet perfect? Will it ever be? NO but I cannot imagine working for any but a couple of managers I have had in 30 years, without the Teamsters. This no power money scheme that these two 391 Hucksters cooked up will erase all the gains we made in two months if we were stupid enough to allow them to negotiate for us. They say no one has to belong to the UNION. No Strike fund is needed. They have a NO CONFLICT agreement with UPS because they are using a UPS attorney.... They Lie every single issue of their newsletter and their own NC area fellow workers call them liars and theives. [/QUOTE]
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