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UPS Subsidiaries
UPS Freight = TForce Freight
Indy Contract
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<blockquote data-quote="gregmilam" data-source="post: 309280" data-attributes="member: 11736"><p>"Employees will be paid for all hours spent in the service of their employer." This was in the Indianapolis Rundown of the contract. This negates the possibility of not being paid for your delays. Furthermore, the current "delay time pay" (13.00/hr) will no longer be recognized, and all employees will recieve wages concurrent to their base hourly wage (21.50 currently) and no less while being in service for the employer. To address pension squabbles, UPS Ground Freight, your employer which is a subsidiary of the United Parcel Service, will not give the pension dividends to the Teamsters (speaking of central states pension program directly) because UPS bought out of the Teamsters pension programs, and now deal with pensions directly. All UPS and UPSF employees are still eligible for the pension program through UPS after a service period of no less than 20 years. Once the Teamsters are integrated, we as employees have the option to enroll into the Teamsters 401k retirement plan, as well as UPS 401k plans. The pension is a seperate issue, and deffers completely from a 401k. We aren't losing a pension as of yet, but this could change for those who haven't locked in at the 20 years to be eligible.</p><p></p><p>The rest is dependent on individual terminal negotiations. Either way, more job security, wages, benefits, and better treatment are on the way.</p></blockquote><p></p>
[QUOTE="gregmilam, post: 309280, member: 11736"] "Employees will be paid for all hours spent in the service of their employer." This was in the Indianapolis Rundown of the contract. This negates the possibility of not being paid for your delays. Furthermore, the current "delay time pay" (13.00/hr) will no longer be recognized, and all employees will recieve wages concurrent to their base hourly wage (21.50 currently) and no less while being in service for the employer. To address pension squabbles, UPS Ground Freight, your employer which is a subsidiary of the United Parcel Service, will not give the pension dividends to the Teamsters (speaking of central states pension program directly) because UPS bought out of the Teamsters pension programs, and now deal with pensions directly. All UPS and UPSF employees are still eligible for the pension program through UPS after a service period of no less than 20 years. Once the Teamsters are integrated, we as employees have the option to enroll into the Teamsters 401k retirement plan, as well as UPS 401k plans. The pension is a seperate issue, and deffers completely from a 401k. We aren't losing a pension as of yet, but this could change for those who haven't locked in at the 20 years to be eligible. The rest is dependent on individual terminal negotiations. Either way, more job security, wages, benefits, and better treatment are on the way. [/QUOTE]
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