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Brown Cafe UPS Forum
UPS Union Issues
I Voted No
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<blockquote data-quote="Trucker Clock" data-source="post: 5677622" data-attributes="member: 70932"><p>Huh?</p><p></p><p>You said you voted no because you did not get a pension contribution increase in this contract. Well, your actuaries said they did not need it and your pension will still increase over the next 5 years. That's what your plan told SOB and the negotiating committee, as they negotiated Article 34. You're projected to have a monthly increase of $1500/mo over the life of the contract without any pension contribution increase in the contract.</p><p></p><p>So your pension fund did not need a pension contribution increase to increase your pension payout. They are already taking in plenty of money. I think it is $14/hr.</p><p></p><p>Work 35 years in the West, you'll see $90K in pension after this contract.</p><p></p><p>Work 35 years in the Central, you'll see $68K in pension after this contract. </p><p></p><p>And you voted no.</p></blockquote><p></p>
[QUOTE="Trucker Clock, post: 5677622, member: 70932"] Huh? You said you voted no because you did not get a pension contribution increase in this contract. Well, your actuaries said they did not need it and your pension will still increase over the next 5 years. That's what your plan told SOB and the negotiating committee, as they negotiated Article 34. You're projected to have a monthly increase of $1500/mo over the life of the contract without any pension contribution increase in the contract. So your pension fund did not need a pension contribution increase to increase your pension payout. They are already taking in plenty of money. I think it is $14/hr. Work 35 years in the West, you'll see $90K in pension after this contract. Work 35 years in the Central, you'll see $68K in pension after this contract. And you voted no. [/QUOTE]
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