Members Sold Out by TU

[UnionStrong]

I'm in the same fund. It was on a collision course for years but the trustees continued to bury their heads in the sand. If you dared to bring it up during a union meeting and possible ways of rectifying the situation, you were almost tarred and feathered. Oh well.

All good now, I submitted my paperwork while there’s 30 years of money in it now

 

[Bubblehead]

Only thing the Biden administration did worthwhile was pass the pension bailout

Don't forget about the work his administration is doing to try and pass the PRO Act.

 

[Bubblehead]

Presentation ends retires for executive session.
Before our B.A. is barely out of the room, in less than 3 minutes, he's stopped and told the grievances are denied. JW won't even look him in the eye. 3 minutes is not deliberation. Company was chided for changing exhibits but they still denied the grievances. The political motivation is obviously on the TU side, our BA put on a stellar case. Facts are simple: Company subcontracted local work without exhausting all means including utilizing Feeder drivers in Package. Stop trying to look for reasons to justify TU selling out the members.

....and maybe you are just stumping for your principal officer and international candidate on the opposing slate?

 

[What'dyabringmetoday???]

I'm not going to pretend.... I know anything about your pension plan.

We all (still) laugh about (you know who).

It's a long story but basically "they" decided to increase the benefit years ago - incidentally when some of "them" were starting to plan on retiring. "They" rely on UPS to foot the bill and the rest is history. The fund has bled nearly to death. And now I'm afraid "they" have taken a too little too late approach. You think maybe the amount of money UPS ends up paying in can be tied to the decline in working conditions? As in jamming the crap out of delivery guys, etc. Oh well.

 

[What'dyabringmetoday???]

I can’t tell if they received it yet, it passed in March and the idiot signed it in June I think,so they’re probably in the process.

Exactly- I wouldn't plan on purchasing that vacation home (based on what your pension "might" be) just yet.

 

[What'dyabringmetoday???]

Like when Dave was bragging about his Upstate NY plan but suddenly got very quiet when his pension took a big hit?

But don't forget- Dave squirreled away the equivalent of almost two years pay. And he normally had "pay guarantee" on his stub. Lol.

 

[UnionStrong]

Exactly- I wouldn't plan on purchasing that vacation home (based on what your pension "might" be) just yet.

I know what it is, I should be getting my first check next month. The provision of the bailout was that there were no reductions in the pension and the ones that had been reduced we’re going to not only be brought back up but be made whole retroactively. It’s signed law. You can find it on line.

 

[UnionStrong]

Exactly- I wouldn't plan on purchasing that vacation home (based on what your pension "might" be) just yet.

The worst funds will get it this year and the others can apply in 2022. It’s basically the Butch Lewis act on steroids. That had a provision that the union had to pay the money back eventually but once the Dems got power they just gave the teamsters the money, no repayment requirement.

 

[What'dyabringmetoday???]

I know what it is, I should be getting my first check next month. The provision of the bailout was that there were no reductions in the pension and the ones that had been reduced we’re going to not only be brought back up but be made whole retroactively. It’s signed law. You can find it on line.

Again- I'm aware of what you speak of. Let's see some documentation on how much money each fund has gotten.

 

[UnionStrong]

Again- I'm aware of what you speak of. Let's see some documentation on how much money each fund has gotten.

Well I guess it depends how bad they were. The union lobbied for 81 billion and got it. So they must know who needs what.

 

[oldngray]

The worst funds will get it this year and the others can apply in 2022. It’s basically the Butch Lewis act on steroids. That had a provision that the union had to pay the money back eventually but once the Dems got power they just gave the teamsters the money, no repayment requirement.

I'm not sure that is how it works either. My understanding was that it was more to fund PBGC enough so it wouldn't go bankrupt.

 

[Big Rigger]

Only thing the Biden administration did worthwhile was pass the pension bailout

And change the NLRB leadership..

 

[UnionStrong]

And change the NLRB leadership..

Wasn’t aware of that.

 

[Big Rigger]

Wasn’t aware of that.

Not as quickly as he changed leadership in Afghanistan but close.

 

[UnionStrong]

I'm not sure that is how it works either. My understanding was that it was more to fund PBGC enough so it wouldn't go bankrupt.

That was a separate thing, the main thing was a straight cash bailout. If you google teamsters pension bailout with 1.9 trillion COVID bill, there’s a ton of articles

 

[Bubblehead]

But don't forget- Dave squirreled away the equivalent of almost two years pay. And he normally had "pay guarantee" on his stub. Lol.

....and worked for free the equivalent of at least another ten years.

 

[Big Rigger]

But don't forget- Dave squirreled away the equivalent of almost two years pay. And he normally had "pay guarantee" on his stub. Lol.

He would've had more saved if he didn't work off the clock so much.

 

[Big Rigger]

....and worked for free the equivalent of at least another ten years.

Funny. Your post beat mine by ten seconds.

 

[Big Rigger]

....and maybe you are just stumping for your principal officer and international candidate on the opposing slate?
View attachment 348515

"Vigorously" got us 22.4s?

 

[104Feeder]

Doesn't make sense. We like TU. Someone's got some explaining to do.

Btw: JW is not the whole TU slate.

Who is we? I'm not hearing any explanations, just a excuses, deflection, and kill the messenger. No JW isn't the whole slate but when such actions are tolerated by those at the top it speaks volumes.