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UPS Union Issues
Central states-what happens when???
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<blockquote data-quote="ski or die" data-source="post: 1469944" data-attributes="member: 52818"><p>I am not in the Central States, but in a multi-employer that is currently in the green. I believe it will not affect mine at first. BUT, that does not mean they have not opened the door for UPS to attack our plan. It is only the bottom dollar, not what current employees or retirees have given for this company. Also, at the mercy of our trustees, if they decide to make a cut because of future worries about the economy. It will be interesting, because if the trustees attempt to cut pensions, the have to present it to a vote for current employees and retirees. What happens when it is voted down. Maybe some of the union officers can take a salary cut to help as well as also a cut in their pension. After all, they are asking retirees to accept a lower pension that was PROMISED FOR LIFE.</p></blockquote><p></p>
[QUOTE="ski or die, post: 1469944, member: 52818"] I am not in the Central States, but in a multi-employer that is currently in the green. I believe it will not affect mine at first. BUT, that does not mean they have not opened the door for UPS to attack our plan. It is only the bottom dollar, not what current employees or retirees have given for this company. Also, at the mercy of our trustees, if they decide to make a cut because of future worries about the economy. It will be interesting, because if the trustees attempt to cut pensions, the have to present it to a vote for current employees and retirees. What happens when it is voted down. Maybe some of the union officers can take a salary cut to help as well as also a cut in their pension. After all, they are asking retirees to accept a lower pension that was PROMISED FOR LIFE. [/QUOTE]
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