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UPS Union Issues
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<blockquote data-quote="35years" data-source="post: 5336335" data-attributes="member: 60822"><p>-Our pensions are negotiated, UPS can not just take them away or decide not to contribute unilaterally. Other companies who phased out pensions were not under contract or went bankrupt.</p><p>-UPS is on the hook for the pensions already earned.</p><p>-UPS Teamsters have many pension funds.</p><p>-Multi-employer pensions are not funded solely by UPS...UPS does not decide to close a pension down.</p><p>-The Teamsters will fight to keep pensions around. It is their power. UPS would have to replace all Union workers to completely get rid of all pensions. It is THE #1 non-negotiable. Death of the pension would mean death of the union.</p></blockquote><p></p>
[QUOTE="35years, post: 5336335, member: 60822"] -Our pensions are negotiated, UPS can not just take them away or decide not to contribute unilaterally. Other companies who phased out pensions were not under contract or went bankrupt. -UPS is on the hook for the pensions already earned. -UPS Teamsters have many pension funds. -Multi-employer pensions are not funded solely by UPS...UPS does not decide to close a pension down. -The Teamsters will fight to keep pensions around. It is their power. UPS would have to replace all Union workers to completely get rid of all pensions. It is THE #1 non-negotiable. Death of the pension would mean death of the union. [/QUOTE]
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