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Brown Cafe UPS Forum
UPS Union Issues
As of Today, Do You Feel the TA Will Pass or Fail?
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<blockquote data-quote="Catatonic" data-source="post: 1151378" data-attributes="member: 7966"><p>If stress is a consideration then management would be dead in 1 year.</p><p></p><p>Joints being worn out does not shorten a person's life by 25 years.</p><p></p><p>Try again. <img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p><p></p><p>It's been a couple of years but I got one of my UPS friends to look this up.</p><p>She could not look at retirees with Teamster provided pension <u>and</u> insurance.</p><p></p><p>It was about even ... the average years after retirement before death was 23 and 26 years as I remember ... seems like the Non-management was 26.</p><p>Some died younger but some were in their 80s and 90s.</p><p></p><p>That's why UPS wants to get out of the pension and retiree insurance business. UPSers are living longer and the cost to UPS is more of a liability with every passing year.</p><p></p><p>If drivers were dying after 5 to 8 years into retirement, there would be no problem with pension funding. Think about it.</p><p>Instead of being funded at 70 - 100% ... they would be over-funded at 400 - 500% according to actuarial rules.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1151378, member: 7966"] If stress is a consideration then management would be dead in 1 year. Joints being worn out does not shorten a person's life by 25 years. Try again. :wink2: It's been a couple of years but I got one of my UPS friends to look this up. She could not look at retirees with Teamster provided pension [U]and[/U] insurance. It was about even ... the average years after retirement before death was 23 and 26 years as I remember ... seems like the Non-management was 26. Some died younger but some were in their 80s and 90s. That's why UPS wants to get out of the pension and retiree insurance business. UPSers are living longer and the cost to UPS is more of a liability with every passing year. If drivers were dying after 5 to 8 years into retirement, there would be no problem with pension funding. Think about it. Instead of being funded at 70 - 100% ... they would be over-funded at 400 - 500% according to actuarial rules. [/QUOTE]
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As of Today, Do You Feel the TA Will Pass or Fail?
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