In the past three months, I have started two new threads "Are the Teamsters really working for you"? and "Not one valid reason to stay with the Teamsters". There has not been one intellectual response to either of these threads, but I have given you many reasons why it is time for a change. I have now come up with the ultimate reason and numbers to prove to you why you are being scammed. These numbers are factual and can not be disputed. UPS contributes $214 per week per employee into the pension fund. This amounts to $11,128 annually. If this money were to be invested over 30 years with an average return of 8%, then each of us would have over $1,200,000 upon retirement at any age. Even if you received a $300,000 lump sum payout upon retirement, your account would still have $900,000 which would still be accruing interest and allow a monthly pension of $7,000. No further money would be needed to fund your pension. As of now, you are being offered a fraction of that by the Teamsters. Where does the rest of your money go? For every dollar that UPS contributes to your pension fund, only 40 cents goes to you. Employees from other companies are enjoying our medical and pension money, because of the multi-pension plan we are stuck with under the Teamsters. UPS money ($1.80 per hour) that was earmarked for our medical benefits are being diverted into the pension fund. This will result in our medical benefits being underfunded, and we will all be paying more to make up for the shortcoming. The Teamsters are discussing the likely possibility that we each pay $200 per month to cover medical and health benefits. Also, in the event of your death, your spouse only receives 5 years of your monthly pension. After that, your spouse receives a 50% reduction in benefits if he/she chooses to pay for survivor benefits. There is no financial security for your family. It's your money; shouldn't you and your family get to keep what you worked hard to earn? Our multi-pension plan is beyond the point of no return. The pension fund has liabilities that outweigh the assets. In laymans terms, this means that more money goes out than comes in. Each year, an additional 2,000 employees retire, thus putting our fund further in the hole. UPS is not going to put additional money into this sinking fund, especially if most of the money does not go to UPS employees. Let me give you a little insight on myself and where I came up with this. I have a Bachelor of Science degree, my wife has a masters degree in marketing, my father-in-law has a Phd in finance from the University of Louisville, and my brother is a CPA. We discussed the current state that the pension fund is in, and concluded that our pension fund is doomed in its present status. It can't sustain it's present course without further cuts being made, or a massive influx of money which is unlikely to occur. We analyzed the above scenario ($1,200,000) and reasoned that this is not only viable, but our only option at this point in time. This is exactly what the APWA is proposing, but for whatever strange reasons, people such as Brett636, tieguy, etc... refuse to open their minds and see both sides of the coin. I understand if you are a Teamster leader or a BA and your job depends on UPS money, but these people are not looking out for our best interests, only their own. I will gladly debate you on the pros and cons of the Teamsters vs the APWA, but you have to respond intellectually. Last time, Brett636 showed me a picture of a wrench, or said that he didn't trust the APWA without specifically stating one reason of doubt. Another point to think about: Why do the Teamsters want you to work until 65 years of age? They know that most of you will not be able to physically do this work when you are getting older, so you will not receive very much of your pension if anything at all. Under the APWA plan, the feeder drivers will be able to retire after 30 years at any age, the older package car drivers will be able to move into feeder positions, and the part time employees will have more openings when full time driver positions become available. The APWA plan benefits everyone, whether you are close to retiring or just beginning your career. If you are an older employee, you will still receive the same pension amount you are due under the Teamsters, but you can retire at any age after 30 years of service without any penalties, get medical coverage for $300 per couple per month, instead of up to $1040(Teamsters), and best of all, your spouse will receive the full pension until he/she dies without having to pay for survivor benefits. If you are just starting out with UPS, then you will reap the maximum benefits stated above ($300,000 lumpsum payout upon retirement and a monthly pension of $7000). Under the Teamsters, the opposite is true. After reading all this, if you still aren't convinced that the APWA is your only sensible option, then there is nothing more to say. If you want this to work, the APWA needs your help to achieve its goals. We would like you to join, but if you don't and still want to be rewarded for working at UPS, we ask that you spread the word to your fellow drivers and part time employees. In the next few months, we will need your signatures to ask the NLRB to replace the Teamsters with the APWA. This is going to be your only chance at securing a secure financial future for yourself and your family, so get involved and help get those signatures. If you don't get involved now, then don't expect much from the Teamsters when or if you make it to your retirement age.