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UPS Union Issues
Contract deal soon?
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<blockquote data-quote="badpas" data-source="post: 204916" data-attributes="member: 8876"><p>Hey Red, I keep seeing your posts about leaving other union brothers and sisters and retirees but what you forget is what Jon Frum has even posted in the past and that is even if we pull out of cs that ups still has to contribute into cs pension funds with their seperate negotiated amounts with the teamsters that covers all the other liabilties of which is part of the multi-employer pension fund. The difference is from that point forward it becomes a figure that ups can put into a budget. Hence a benefit to ups. So nobody is leaving anyone out in the cold because ups still has to pay their portion for being one of the big dogs in the yard. That would still cover everyone from retirees to new hires. Its once we pull out of cs, from that day forward there would be no new entries. Now after saying that my beef with cs is the way they pay and the way they cut our pension. And unless they change that there will always be major issues because its not fair for ups to put in as much as they do and yet we see no more than companies that put in a third of us. Even if we saw alittle more or they changed the payouts to the ratio of who puts in what, that would seem more right than the way it is now.</p><p> </p><p>But as far as getting more members, wouldn't you think it would be alittle more intising if non-union companies could see that it is more about the money invested and the time that would result in your financial future versus which local or which fund you belong too because when it all comes down to it ups puts in enough for us to all be millionaires or multi-millionaires in alot less time if the money was invested individually and I don't mean as a single employer pension fund. Even though this is exactly what the APWA proposes, your money[our money} would be invested with one of the 3 largest investment firms in the world and I have no dought in my mind that they could do at least as good as our favorite trustees could and if you check it out the numbers would shock you. This way it wouldn't matter how many members we had but that the members could see some progression instead of just wait intil the next contract. There are alot of things that need changed except this is just the tip of the ice berg and it will be dealt with. Hopefully it will be benefitial to everyone, but only with hard work not so much numbers.</p></blockquote><p></p>
[QUOTE="badpas, post: 204916, member: 8876"] Hey Red, I keep seeing your posts about leaving other union brothers and sisters and retirees but what you forget is what Jon Frum has even posted in the past and that is even if we pull out of cs that ups still has to contribute into cs pension funds with their seperate negotiated amounts with the teamsters that covers all the other liabilties of which is part of the multi-employer pension fund. The difference is from that point forward it becomes a figure that ups can put into a budget. Hence a benefit to ups. So nobody is leaving anyone out in the cold because ups still has to pay their portion for being one of the big dogs in the yard. That would still cover everyone from retirees to new hires. Its once we pull out of cs, from that day forward there would be no new entries. Now after saying that my beef with cs is the way they pay and the way they cut our pension. And unless they change that there will always be major issues because its not fair for ups to put in as much as they do and yet we see no more than companies that put in a third of us. Even if we saw alittle more or they changed the payouts to the ratio of who puts in what, that would seem more right than the way it is now. But as far as getting more members, wouldn't you think it would be alittle more intising if non-union companies could see that it is more about the money invested and the time that would result in your financial future versus which local or which fund you belong too because when it all comes down to it ups puts in enough for us to all be millionaires or multi-millionaires in alot less time if the money was invested individually and I don't mean as a single employer pension fund. Even though this is exactly what the APWA proposes, your money[our money} would be invested with one of the 3 largest investment firms in the world and I have no dought in my mind that they could do at least as good as our favorite trustees could and if you check it out the numbers would shock you. This way it wouldn't matter how many members we had but that the members could see some progression instead of just wait intil the next contract. There are alot of things that need changed except this is just the tip of the ice berg and it will be dealt with. Hopefully it will be benefitial to everyone, but only with hard work not so much numbers. [/QUOTE]
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