Biggest scam is on all UPS hourly employees

brett636

Well-Known Member
Trucking companies like Yellow, Roadway etc. do pay into the pension plan also. You guys act like UPS is the only one paying in for everyone. 30andOut. 35 years in and 12 to go. Save much?

Doesn't sound like he has saved much of anything. Personal responsibility is a foriegn concept to most of your APWA supporters.
 

brownmonster

Man of Great Wisdom
Buy me out of the pension. Say 5K per year of service. Then give me the $200 a week going forward. Kiss the Teamster and APWA pension goodbye.
 

Overpaid Union Thug

Well-Known Member
I think the best way to settle this once in for all is if everyone would just come out and admit that multi-employer plans don't work. I mean why should they when the concept from which they were spawned (communism, socialism) doesn't work either? In a perfect world it would work but unfortunately there is a thing called greed, which is where the Teamsters are factored in, and that throws a wrench in the whole system. The whole idea of one large company supporting a bunch of smaller companies just doesn't work. Factor in the IBT mismanaging the fund and there you have it. ON BIG CLUSTER :censored2:.
 

wildgoose

WILDGOOSE
I think the best way to settle this once in for all is if everyone would just come out and admit that multi-employer plans don't work. I mean why should they when the concept from which they were spawned (communism, socialism) doesn't work either? In a perfect world it would work but unfortunately there is a thing called greed, which is where the Teamsters are factored in, and that throws a wrench in the whole system. The whole idea of one large company supporting a bunch of smaller companies just doesn't work. Factor in the IBT mismanaging the fund and there you have it. ON BIG CLUSTER :censored2:.
Ups will have one of the oldest work force in America under the teamsters. Brett crows about saving but most people starting out have major expenses to maintain that family. Granted their life style and spending habits can play into it big time !
Insurances will play a big part into the ability to retire early or earlier ? If someone had a injury in the past try to get a new insurance on your own ? They look at your past history and the cost will be based on that. I bet Brett is single and lives with Mom and Dad too ! Yes it would be great to just have to rely on your own investments but most people don`t have $1 million saved and at 5% that would equate to $50k a year before taxes. So thats why most would like to have their pension that was supposed to be factored into the contract that the teamsters negotiated on our behalf ! Central States isn`t the scapegoat its the fools we trusted to put the $ where it could be taken care of and you know the rest of that story !!!!!!!!!!
 

govols019

You smell that?
Single employer pension funds aren't exactly the picture of health either. Ask the employees of Delta, United, Northwest, Dephi, IBM....etc.

And there are more people to blame for the state of Central States than just the IBT.

Correct me if I'm wrong but doesn't the consent decree the IBT is under prohibit them from having control of the funds investment strategy?
 
Last edited:

Overpaid Union Thug

Well-Known Member
Single employer pension funds aren't exactly the picture of health either. Ask the employees of Delta, United, Northwest, Dephi, IBM....etc.

And there are more people to blame for the state of Central States than just the IBT.

Correct me if I'm wrong but doesn't the consent decree the IBT is under prohibit them from having control of the funds investment stratergy?

They don't recieve all of the blame but when we are paying 60% of the fund and only getting 40% because the rest goes to "the little guys" it is hard to point the dirty end of the stick at the the IBT. Few things have irritated me as much as the time I was talking to a retired Yellow Freight driver and he told me that he appreciates all the hard work that all of us UPSers are doing so that he can enjoy his retirement.
 

sawdusttv

Well-Known Member
TWN,

We are well aware that the APWA is a new union, so of course they have not represented anyone yet. Likewise the Teamsters Union was new at one time and had not represented anyone. So, what is your point? If the APWA is organized properly I see no reason that they should not be seccessful in becoming one of the largest and strongest unions that exist today. With UPS and UPS frieght as members they will for sure be a very large and powerful UNION.
 

sawdusttv

Well-Known Member
GOV,

You're an idiot. Wouldn't you rather have Tom Coleman working for you and on your side of the fence than working against you. Lawyers are going to side with the one that pays the check, and as long as the APWA is paying his check he will work for them and all of his knowledge in labor dealings will be to the APWAs advantage in dealing with company business.
 

18wheelbrownie

Well-Known Member
GOV,

You're an idiot. Wouldn't you rather have Tom Coleman working for you and on your side of the fence than working against you. Lawyers are going to side with the one that pays the check, and as long as the APWA is paying his check he will work for them and all of his knowledge in labor dealings will be to the APWAs advantage in dealing with company business.

i agree, who else could guide you in the right way to research and build a union that works for its members:thumbup1:as matter of fact thats what a group of us were talking about on our way to the first meeting of the apwa in our area last year!:thumbup1:
 

brett636

Well-Known Member
Ups will have one of the oldest work force in America under the teamsters. Brett crows about saving but most people starting out have major expenses to maintain that family. Granted their life style and spending habits can play into it big time !
Insurances will play a big part into the ability to retire early or earlier ? If someone had a injury in the past try to get a new insurance on your own ? They look at your past history and the cost will be based on that. I bet Brett is single and lives with Mom and Dad too ! Yes it would be great to just have to rely on your own investments but most people don`t have $1 million saved and at 5% that would equate to $50k a year before taxes. So thats why most would like to have their pension that was supposed to be factored into the contract that the teamsters negotiated on our behalf ! Central States isn`t the scapegoat its the fools we trusted to put the $ where it could be taken care of and you know the rest of that story !!!!!!!!!!

Lifestyle choices have everything to do with your savings and retirement. Making excuses as to why you can't do it doesn't help anyone's situation, although it is easier than actually having to do something. Just to let you know I am single, but I live in a house that is in my name, with a mortgage I qualified for when I was still part-time. It was a fixxer upper of sorts, but when I have it re-appraised this summer I'm anticipating it worth over 100k although I did not pay that much for it. Nobody gave me a dime toward anything I've done with this house nor has anybody co-signed for me to get financed for it. I drive a car I paid $800 for and I have very little credit card debt. I have been steadily increasing my 401k contributions since I went fulltime, and 10% of my income is already going into personal savings. Its not rocket science, just common sense. When retirement nears I won't be fretting over it like the complainers on this site will.
 

30andout

Well-Known Member
Lifestyle choices have everything to do with your savings and retirement. Making excuses as to why you can't do it doesn't help anyone's situation, although it is easier than actually having to do something. Just to let you know I am single, but I live in a house that is in my name, with a mortgage I qualified for when I was still part-time. It was a fixxer upper of sorts, but when I have it re-appraised this summer I'm anticipating it worth over 100k although I did not pay that much for it. Nobody gave me a dime toward anything I've done with this house nor has anybody co-signed for me to get financed for it. I drive a car I paid $800 for and I have very little credit card debt. I have been steadily increasing my 401k contributions since I went fulltime, and 10% of my income is already going into personal savings. Its not rocket science, just common sense. When retirement nears I won't be fretting over it like the complainers on this site will.
Wow I'm impressed, anyone else????
 

nospinzone

Well-Known Member
.... I have been steadily increasing my 401k contributions since I went fulltime, and 10% of my income is already going into personal savings. Its not rocket science, just common sense. When retirement nears I won't be fretting over it like the complainers on this site will.
Brett, I applaud your efforts and your personal self-control and sacrifice. It shows forethought and personal responsibility which I believe we should all employ. But no amount of personal responsibility and foresight JUSTIFIES the IBT squandering retirement contributions which are intended for me. I believe that you should be enjoying the fruits of your personal self-control/sacrifice in addition to the pension retirement benefits which were intended to be a part of your compensation for employment at UPS.
 

govols019

You smell that?
GOV,

You're an idiot. Wouldn't you rather have Tom Coleman working for you and on your side of the fence than working against you. Lawyers are going to side with the one that pays the check, and as long as the APWA is paying his check he will work for them and all of his knowledge in labor dealings will be to the APWAs advantage in dealing with company business.

You post drivel like that and I'm the idiot?

What I would want is a lawyer that is versed in getting Unions recognized and not one thats bread and butter is getting them decertified. A leopard can't change his spots. You think he just woke up one morning and decided to contradict everything he's done in the past? LORD, it's a miracle!!!

The man is an anti-union lawyer and is a partner in an anti-union law firm. If you think his knowledge will be used to our advantage in dealing with UPS then you are either blind or stupid.

I think I know why he has been hired but just the fact that he's there is enough to make me have questions.
 

govols019

You smell that?
I'll ask this again since I haven't gotten an answer yet:

Correct me if I'm wrong but doesn't the consent decree the IBT is under prohibit them from having control of the funds investment strategy?
 

trickpony1

Well-Known Member
I could be wrong but it's my understanding the IBT has nothing to do with the investment strategy. Supposedly a third party, an investment firm that I can't remember the name of, does the investing and the IBT pays them a truckload of money to do so.
I went to a meeting at the union hall right after CS bent us over. A CS rep was there to answer questions. I was absolutely appalled at the fees the IBT was paying these brokers.
 

brownmonster

Man of Great Wisdom
I would like to see the checks UPS sends to the APWA's hidden account in Switzerland for the sole purpose of eliminating the Teamsters. Soon after the APWA takes over it is felled by some unexplained financial problems and we are suddenly without a union. Wow, how did this happen, Tom Coleman?
 

wildgoose

WILDGOOSE
Lifestyle choices have everything to do with your savings and retirement. Making excuses as to why you can't do it doesn't help anyone's situation, although it is easier than actually having to do something. Just to let you know I am single, but I live in a house that is in my name, with a mortgage I qualified for when I was still part-time. It was a fixxer upper of sorts, but when I have it re-appraised this summer I'm anticipating it worth over 100k although I did not pay that much for it. Nobody gave me a dime toward anything I've done with this house nor has anybody co-signed for me to get financed for it. I drive a car I paid $800 for and I have very little credit card debt. I have been steadily increasing my 401k contributions since I went fulltime, and 10% of my income is already going into personal savings. Its not rocket science, just common sense. When retirement nears I won't be fretting over it like the complainers on this site will.
A pat on the back to the road scholar :-)
Everybody applaud Brett for his financial ability not to owe anybody or anyone. Hip Hip Horaay for Brett636 !!!!!!!!!!:thumbup1:
Now if his financial responsibility would just transfer over to the teamsters you think the APWA would even be a thought must less a transformation in the process ? Duh !!!!!!
The arragonce of the teamsters in the past and the lack of responsibility to its patrons is evident that each election or contract we have had concessions in one form or another !
Its obvious its there way or no way and when you retire if your nest egg isn`t up to par and you need to work you better do it under the table. Or forfet your so called pension that you arn`t relying on anyways because its ok with you since its not the teamsters obligation ? Everybody is seeing your way too clear and basically ignoring your rethoric ! Keep on driving on that flat tire and see where that gets you ?
 

brett636

Well-Known Member
Brett, I applaud your efforts and your personal self-control and sacrifice. It shows forethought and personal responsibility which I believe we should all employ. But no amount of personal responsibility and foresight JUSTIFIES the IBT squandering retirement contributions which are intended for me. I believe that you should be enjoying the fruits of your personal self-control/sacrifice in addition to the pension retirement benefits which were intended to be a part of your compensation for employment at UPS.


So you expect me to be happy when the APWA announces they had to negotiate a lower pay rate for me in order to get the pension contributions they promised? I see no reason to risk that. Pensions are abolished all over the world, a pension cut is not a big deal if your smart about it.
 

30andout

Well-Known Member
So you expect me to be happy when the APWA announces they had to negotiate a lower pay rate for me in order to get the pension contributions they promised? I see no reason to risk that. Pensions are abolished all over the world, a pension cut is not a big deal if your smart about it.
A pension cut IS a big deal if you have worked 35 years for it and now they say you can't have what you have earned.
 
Top