July 10th contract teleforum call

[panther]

Het Tony Q since you seem to be in the know, will there be a monthly pension bump for the southern region?

 

[1989]

Het Tony Q since you seem to be in the know, will there be a monthly pension bump for the southern region?

Is that written in the National now?

 

[wide load]

What? Have you been drinking?

Nope. 35 years at 60 is 6k. My buddy just met with the fund office. You do know we in NE have a hybrid Teamster/UPS plan don’t you? Ohhh you were trying to imply that the regular NE Pension fund (that was critical for decades) was all of a sudden Sean’s fault? Do you think he goes down to Bears and Stern and tells them to put 150,000 down on Amazon?

 

[1989]

Nope. 35 years at 60 is 6k. My buddy just met with the fund office. You do know we in NE have a hybrid Teamster/UPS plan don’t you? Ohhh you were trying to imply that the regular NE Pension fund (that was critical for decades) was all of a sudden Sean’s fault? Do you think he goes down to Bears and Stern and tells them to put 150,000 down on Amazon?

Well a hybrid plan need hybrid drivers. Maybe they can fix what your plan is lacking. Really age 60?

 

[wide load]

Well a hybrid plan need hybrid drivers. Maybe they can fix what your plan is lacking. Really age 60?

We have a 57 at 35 years for 5k. But who wouldn’t stay 3 more for the extra 1000? Why? Is that horrible?

 

[wide load]

Well a hybrid plan need hybrid drivers.

The hybrid plan is part of the issue with the regular NE Fund. See, hybrids are good for some, but friend over others.

 

[1989]

We have a 57 at 35 years for 5k. But who wouldn’t stay 3 more for the extra 1000? Why? Is that horrible?

I didn’t say it was horrible. Why not just have a 3k a year payout which increases a little every year? In 30 years you get over 7500. And you don’t have wait til your late 50s.

 

[UnconTROLLed]

Well a hybrid plan need hybrid drivers. Maybe they can fix what your plan is lacking. Really age 60?

I'm in the NE plan and have 14 years credit and I'll have 30 years credit around age 55, but my 401k will hopefully be my primary income while the meager pension should be fun money. I hope to leave UPS as early as possible and collect pension at 62

 

[wide load]

I'm in the NE plan and have 14 years credit and I'll have 30 years credit around age 55, but my 401k will hopefully be my primary income while the meager pension should be fun money. I hope to leave UPS as early as possible and collect pension at 62

Smart

 

[Coldworld]

We have a 57 at 35 years for 5k. But who wouldn’t stay 3 more for the extra 1000? Why? Is that horrible?

Well a hybrid plan need hybrid drivers. Maybe they can fix what your plan is lacking. Really age 60?

Not every plan has a peer 80 like we have and you can count your part time years towards it...

 

[wide load]

I didn’t say it was horrible. Why not just have a 3k a year payout which increases a little every year? In 30 years you get over 7500. And you don’t have wait til your late 50s.

In 30 years we’ll be dead.

 

[Tony Q]

We have a 57 at 35 years for 5k. But who wouldn’t stay 3 more for the extra 1000? Why? Is that horrible?

Do you think it will be there when you retire?

 

[Jkloc420]

I'm in the NE plan and have 14 years credit and I'll have 30 years credit around age 55, but my 401k will hopefully be my primary income while the meager pension should be fun money. I hope to leave UPS as early as possible and collect pension at 62

I doubt it

 

[1989]

Not every plan has a peer 80 like we have and you can count your part time years towards it...

They should. I would take pay cuts to implement it.

 

[wide load]

Do you think it will be there when you retire?

Yes because UPS owes 2 million a year for the next 45 years on top of what they put in per month. Definitely will be until I’m long dead.

 

[1989]

Yes because UPS owes 2 million a year for the next 45 years on top of what they put in per month. Definitely will be until I’m long dead.

Please stop.... your fund is sounding worse by the minute.

 

[East coast navy]

Many details may not be finalized or available yet. So why publicly disclose what isn’t there yet? An agreement in principle is different than a tentative agreement. The terms have different meanings.

They can’t put it out until all the locals finsh there negotiations. Once all are done then it can be brought to a vote. That’s why all the locals that haven’t planned out theirs supplements will be sent to Minnesota and can’t leave until they are done!

 

[wide load]

Please stop.... your fund is sounding worse by the minute.

Yeah, I know it sucks to have guaranteed money for a past unfunded liability. Let’s hear what you get.

 

[wide load]

Well a hybrid plan need hybrid drivers. Maybe they can fix what your plan is lacking. Really age 60?

Anyone voting for 22.4 are either the ignorant or a representative that is promised something in the help of passing it. I’d rather pass a kidney stone than this idiotic language. And they have a balls to complain about pensions.

 

[Bubblehead]

They can’t put it out until all the locals finsh there negotiations.

Why not?