I Heard.....

Discussion in 'UPS Discussions' started by stevetheupsguy, Oct 9, 2010.

  1. stevetheupsguy

    stevetheupsguy sʇǝʌǝʇɥǝndsƃnʎ

    A local delivery driver and I were delivering to Barnes and Noble this week. The delivery guy asks me if I've been approached about a driver buyout. I told him I hadn't, nor had I heard of such a thing. He tells me that his brother-in-law, a more than 20 year UPS driver in Virginia had been approached and was mulling it over. He said something about $2,500/month to leave early. Is this true? Is there a driver buyout program?
  2. Anonymous 10

    Anonymous 10 Guest

    No No and No
  3. pickup

    pickup Well-Known Member

    Why buy a driver out when you can push him out instead?
  4. Monkey Butt

    Monkey Butt Dark Prince of Double Standards Staff Member

    No because the drivers would have to be bought out by the Teamsters.
    The Teamsters have no reason to do that ... they want more union-dues paying members, not less.

    Also, it appears UPS has already reduced the number of drivers without paying out anything ... that is one of the upsides of a union represented workforce.
  5. cosmictrucker

    cosmictrucker counting the months

    The only thing remote to that here in Central VA is a 25 and out. They modified it recently and you had to have at least 20 years and be grandfathered into that option. I only have 18, so I missed out. I believe it payed the driver $2500 per month for 25 years of Full time service and you could retire early. I've heard nothing worded as a driver buyout.
  6. stevetheupsguy

    stevetheupsguy sʇǝʌǝʇɥǝndsƃnʎ

    That sounds like what I heard. I'll ask my guy next time I see him.
  7. grgrcr88

    grgrcr88 No It's not green grocer!

    We have 25 and out retirement, $2500 a month no insurance though.
  8. thessalonian13

    thessalonian13 Active Member

    I never heard of this. I would consider it though....
  9. over9five

    over9five Moderator Staff Member

    Who wants to leave? They'll be prying my cold, dead hands from the steering wheel.
  10. Casca

    Casca Member

    What you are hearing is the buy out offer for supervisors over the age of 50 which will happen right after peak in january...it looks like it will be one years pay, plus whatever retirement earned but will not include adjusted stock due to the sheer numbers of people that are eligible ....
  11. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Is your source reliable on this information? My on-car has about 2 1/2 yrs left and would take this is in a second if it is offered.
  12. stevetheupsguy

    stevetheupsguy sʇǝʌǝʇɥǝndsƃnʎ

    Hopefully mine will too.:wink2:
  13. browniehound

    browniehound Well-Known Member

    ROLMFAO. In all honesty, I don't mind the job. Currently, I'm delivering to a preffered customer of UPS that happens to employ a former on-car sup as a manger.

    He is a great guy and we talk to each other like we are old friends. He left UPS in 2001. However, at first he got on my nerves a little bit. He would stick his head into the truck and say I was under 8. Also, he would say thing about the preloader like is he blind? When he said things like this I thought to myself just shut up you're not funny. But I got to know him a lot better and his comments don't bother me anymore.

    I have a point to this story and its that he described UPS as a religion. And at this, I couldn't agree with him more...
  14. stevetheupsguy

    stevetheupsguy sʇǝʌǝʇɥǝndsƃnʎ

    If only people would take the time, there would be WAY less problems in the world today.
  15. NHDRVR

    NHDRVR New Member

    Where do I sign....
  16. Jones

    Jones fILE A GRIEVE! Staff Member

    No buyout in NoVa, nobody would take 2,500 at 20 here anyway. We do have early retirement, you can leave at 50 as long as you're vested.
  17. scratch

    scratch Least Best Moderator Staff Member

    I don't think that there is any way a driver buyout will ever happen.
  18. PhatAzz

    PhatAzz Active Member

    How reliable is your source for this tidbit??????
  19. stevetheupsguy

    stevetheupsguy sʇǝʌǝʇɥǝndsƃnʎ

    I don't know how reliable this person's source is, but your avatart just gave me a great idea for a Halloween costume.:happy2:
  20. rod

    rod retired and happy

    I'm guessing fanatical Islam?