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UPS Union Issues
Comparison: Last, Best & Final to Pre-strike proposals
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<blockquote data-quote="soberups" data-source="post: 1024400" data-attributes="member: 14668"><p>I was at the PCM on the final workday before the strike, when our District Manager personally presented the details of the "last, best and final offer."</p><p></p><p>That offer included taking us out of the Western Conference of Teamsters plan and sticking us into the company plan that would have cost me personally at least <em>half a million dollars </em>during my projected retirement.</p><p></p><p>I will qualify for PEER 80 in about 4.5 years at the age of 50, with 30 years in, and my monthly benefit at that time will be something in the ballpark of $5K per month. Under the LBF, I would only get $3K for my 30 years, and that is assuming that the company had not been able to negotiate further decreases in subsequent contracts. That is a net loss of $2K per month, or $24K per year. Asuming I lived to age 72, that is a net loss of $528,000 over the 22 year period between my retirement date and my death.</p><p></p><p>Why on earth would <em>any</em> Teamster in the Western Conference take such an offer seriously? We arent talking about $.25 an hour, we are talking about cutting someones<em> pension</em> by almost <em>half</em>.</p><p></p><p>I work for a company that made a business decision that my <em>life</em> was not worth the $50 it would have cost to equip its older package cars with a 3 point seat belt. I work for a company that made a business decision that my <em>health and safety</em> was not worth the $350 it would have cost to equip the older package cars with power steering. I work for a company that recently <em>eliminated</em> any sort of pension benefits for newly hired management people, as well as implementing a companywide pay cut/freeze for lower and mid level management while at the <em>same</em> time giving its CEO a $10 MILLION dollar raise. You would have to be on some <em>seriously</em> good dope to think that trusting that <em>same</em> company to take care of my pension would somehow be in my best interests. You would have to be on some <em>seriously</em> good dope to think I wouldnt go out on strike over such a fu%kjob as was being shoved down our throats in the "last best and final" offer of 1997.</p></blockquote><p></p>
[QUOTE="soberups, post: 1024400, member: 14668"] I was at the PCM on the final workday before the strike, when our District Manager personally presented the details of the "last, best and final offer." That offer included taking us out of the Western Conference of Teamsters plan and sticking us into the company plan that would have cost me personally at least [I]half a million dollars [/I]during my projected retirement. I will qualify for PEER 80 in about 4.5 years at the age of 50, with 30 years in, and my monthly benefit at that time will be something in the ballpark of $5K per month. Under the LBF, I would only get $3K for my 30 years, and that is assuming that the company had not been able to negotiate further decreases in subsequent contracts. That is a net loss of $2K per month, or $24K per year. Asuming I lived to age 72, that is a net loss of $528,000 over the 22 year period between my retirement date and my death. Why on earth would [I]any[/I] Teamster in the Western Conference take such an offer seriously? We arent talking about $.25 an hour, we are talking about cutting someones[I] pension[/I] by almost [I]half[/I]. I work for a company that made a business decision that my [I]life[/I] was not worth the $50 it would have cost to equip its older package cars with a 3 point seat belt. I work for a company that made a business decision that my [I]health and safety[/I] was not worth the $350 it would have cost to equip the older package cars with power steering. I work for a company that recently [I]eliminated[/I] any sort of pension benefits for newly hired management people, as well as implementing a companywide pay cut/freeze for lower and mid level management while at the [I]same[/I] time giving its CEO a $10 MILLION dollar raise. You would have to be on some [I]seriously[/I] good dope to think that trusting that [I]same[/I] company to take care of my pension would somehow be in my best interests. You would have to be on some [I]seriously[/I] good dope to think I wouldnt go out on strike over such a fu%kjob as was being shoved down our throats in the "last best and final" offer of 1997. [/QUOTE]
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Comparison: Last, Best & Final to Pre-strike proposals
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