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Brown Cafe UPS Forum
UPS Union Issues
Central States Pension Fund cuts
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<blockquote data-quote="Mugarolla" data-source="post: 1891594" data-attributes="member: 8481"><p>I don't think that it will be a court issue for tier 3 employees.</p><p></p><p>If UPS did not make up the pension reduction, this would change the retirememt plans for most employees.</p><p></p><p>Who could stand to lose $1000-$1500/mo from their pension? Very few.</p><p></p><p>This would put package car drivers working well into their 60's.</p><p></p><p>Could you imagine over half the package car drivers in the country being over 60?</p><p></p><p>UPS does not want this scenario, so I don't even foresee them fighting this issue for the tier 3 employees.</p><p></p><p>Get them out and replace them with $18/hr young kids that takes them 4 years to reach top pay.</p><p></p><p>UPS would save money in the long run.</p></blockquote><p></p>
[QUOTE="Mugarolla, post: 1891594, member: 8481"] I don't think that it will be a court issue for tier 3 employees. If UPS did not make up the pension reduction, this would change the retirememt plans for most employees. Who could stand to lose $1000-$1500/mo from their pension? Very few. This would put package car drivers working well into their 60's. Could you imagine over half the package car drivers in the country being over 60? UPS does not want this scenario, so I don't even foresee them fighting this issue for the tier 3 employees. Get them out and replace them with $18/hr young kids that takes them 4 years to reach top pay. UPS would save money in the long run. [/QUOTE]
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