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Brown Cafe UPS Forum
UPS Retirement Topics
Fully or Fooly Funded New (old CS) Plan?
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<blockquote data-quote="droopy62" data-source="post: 248862"><p>It is my understanding that ABF pulled out of the TMI. They still remain in Central States for now. Yellow on the other hand, Owns Yellow , Roadway,USF Holland. Bestway, New Penn . So now there is only one contributor to the fund for all those teamsters. It was a multi-employer contributing fund that kept every one straight. </p><p> I think the first five years of this new venture will be wonderful, after that we will be at UPS's mercy. They will have us right where they want us. I believe that if we vote this contract in, we will be cutting our own throats.</p></blockquote><p></p>
[QUOTE="droopy62, post: 248862"] It is my understanding that ABF pulled out of the TMI. They still remain in Central States for now. Yellow on the other hand, Owns Yellow , Roadway,USF Holland. Bestway, New Penn . So now there is only one contributor to the fund for all those teamsters. It was a multi-employer contributing fund that kept every one straight. I think the first five years of this new venture will be wonderful, after that we will be at UPS's mercy. They will have us right where they want us. I believe that if we vote this contract in, we will be cutting our own throats. [/QUOTE]
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Fully or Fooly Funded New (old CS) Plan?
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