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UPS Union Issues
Company and teamsters have a tenative agreement taking over Central States ?
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<blockquote data-quote="GuyinBrown" data-source="post: 229851" data-attributes="member: 9444"><p>First off in your scenario, you have 25 years in, so you should have about 21 "protected" years of pension. Unless I'm mistaken, you're affected by the cuts and penalties much less than the rest of us, so you'd only have about 4-5 years that would be influenced by the current cuts and penalties in effect. Regardless, under the current rules, you're unlikely to be retiring in 5 years anyway so what's your point? Unless you've been banking everything on this pension issue giving you everything you've ever dreamed of and more, you've either accepted that you'll have to put more years in at UPS or you've made the necessary arrangements to retire anyway. Do you even comprehend what the 4 Billion+ dollars is for? I'll give you a hint... it isn't a payment that buys all of our vested years out of CS. </p><p></p><p>My point was that you can piss and moan all you want, but from everything I've gathered, the money is not coming out. Period. I'm not asking you to lie down, I'm asking you to open your eyes and look at the facts. Everything that is already in CS is staying in CS no matter what you do. So what's your plan? Because it isn't going to benefit you the most, screw everyone else? Get everyone to vote against whatever is offered so that we all stay in the same horrible pension fund and wait around until it dies a slow painful death? You can't live on $400 a month but when the pension fails, the $1000 you'll get from the government will be sufficient? Maybe you want to try and force UPS to continue to dump more and more money into this bottomless pit until it begins to drag the company down too... just like the auto workers? Boy that's some forward thinking there, let me tell ya. </p><p></p><p>You need to keep 2 very important things in mind.... </p><p></p><p>1- There will be no solution that satisfies everyone. I think that in the best case scenario, we'll be looking at something that helps guys like you minimally, guys like me moderately, and relatively new hires a lot. </p><p></p><p>2- I think that with 12 full time years and almost 20 total I've climbed out of the "young guy" stage. If you're 44, then you're only a few years older than I am, but whatever. What exactly would you like me to get worked up about? Everything is still a rumor at this point. We just got a PCM this morning stating that there is NO formal agreement between UPS and Central States but they do have enough information to begin discussing options with the IBT when talks resume in early September. </p><p></p><p></p><p>I'll be away until Sunday Saw, so you get 2 days to take your shots at me. Please try to stay grounded in reality though. <img src="/community/styles/default/xenforo/smilies/group1/w00t.gif" class="smilie" loading="lazy" alt=":w00t:" title="W00t :w00t:" data-shortname=":w00t:" /></p></blockquote><p></p>
[QUOTE="GuyinBrown, post: 229851, member: 9444"] First off in your scenario, you have 25 years in, so you should have about 21 "protected" years of pension. Unless I'm mistaken, you're affected by the cuts and penalties much less than the rest of us, so you'd only have about 4-5 years that would be influenced by the current cuts and penalties in effect. Regardless, under the current rules, you're unlikely to be retiring in 5 years anyway so what's your point? Unless you've been banking everything on this pension issue giving you everything you've ever dreamed of and more, you've either accepted that you'll have to put more years in at UPS or you've made the necessary arrangements to retire anyway. Do you even comprehend what the 4 Billion+ dollars is for? I'll give you a hint... it isn't a payment that buys all of our vested years out of CS. My point was that you can piss and moan all you want, but from everything I've gathered, the money is not coming out. Period. I'm not asking you to lie down, I'm asking you to open your eyes and look at the facts. Everything that is already in CS is staying in CS no matter what you do. So what's your plan? Because it isn't going to benefit you the most, screw everyone else? Get everyone to vote against whatever is offered so that we all stay in the same horrible pension fund and wait around until it dies a slow painful death? You can't live on $400 a month but when the pension fails, the $1000 you'll get from the government will be sufficient? Maybe you want to try and force UPS to continue to dump more and more money into this bottomless pit until it begins to drag the company down too... just like the auto workers? Boy that's some forward thinking there, let me tell ya. You need to keep 2 very important things in mind.... 1- There will be no solution that satisfies everyone. I think that in the best case scenario, we'll be looking at something that helps guys like you minimally, guys like me moderately, and relatively new hires a lot. 2- I think that with 12 full time years and almost 20 total I've climbed out of the "young guy" stage. If you're 44, then you're only a few years older than I am, but whatever. What exactly would you like me to get worked up about? Everything is still a rumor at this point. We just got a PCM this morning stating that there is NO formal agreement between UPS and Central States but they do have enough information to begin discussing options with the IBT when talks resume in early September. I'll be away until Sunday Saw, so you get 2 days to take your shots at me. Please try to stay grounded in reality though. :w00t: [/QUOTE]
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