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Brown Cafe UPS Forum
UPS Union Issues
Biggest scam is on all UPS hourly employees
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<blockquote data-quote="Bill" data-source="post: 174223" data-attributes="member: 5483"><p>The difference here is that GM, Ford and other companies ran the pension fund of its employees, but the APWA is going to run the pension fund independent of UPS. The Teamsters currently run our pension fund (albeit very poorly). The difference between these two entities is that while the Teamsters receive UPS pension money, only 40% goes to its employees, whereas the APWA will represent only UPS people and dole out 100% of the pension money back to its people. What don't you understand?</p></blockquote><p></p>
[QUOTE="Bill, post: 174223, member: 5483"] The difference here is that GM, Ford and other companies ran the pension fund of its employees, but the APWA is going to run the pension fund independent of UPS. The Teamsters currently run our pension fund (albeit very poorly). The difference between these two entities is that while the Teamsters receive UPS pension money, only 40% goes to its employees, whereas the APWA will represent only UPS people and dole out 100% of the pension money back to its people. What don't you understand? [/QUOTE]
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Biggest scam is on all UPS hourly employees
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