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Memories From The '97' Strike........
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<blockquote data-quote="pretzel_man" data-source="post: 1022825" data-attributes="member: 927"><p>It seems to me that the multi-employer plan did EXACTY what it was designed to do. I am placing NO blame here, but it did what the Teamsters designed it to do.</p><p></p><p>A multi employer plan shares the risk among employees across many employers. As one employer goes under, or as fewer Teamsters are added into the mix, the employees share what is left. Employees of more fortunate companies (like UPS) share their gain with those Teamsters in less fortunate companies.</p><p></p><p>Isn't this the situation? Isn't this what it was designed to do? As I recall, the "pension grab" was UPS wanting to have its money go to UPS employees only. IMO this was good for UPS, good for UPS employees, but bad for Teamsters in general. You made the decision. I have no issue with that.... But I don't think this was due to management.</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 1022825, member: 927"] It seems to me that the multi-employer plan did EXACTY what it was designed to do. I am placing NO blame here, but it did what the Teamsters designed it to do. A multi employer plan shares the risk among employees across many employers. As one employer goes under, or as fewer Teamsters are added into the mix, the employees share what is left. Employees of more fortunate companies (like UPS) share their gain with those Teamsters in less fortunate companies. Isn't this the situation? Isn't this what it was designed to do? As I recall, the "pension grab" was UPS wanting to have its money go to UPS employees only. IMO this was good for UPS, good for UPS employees, but bad for Teamsters in general. You made the decision. I have no issue with that.... But I don't think this was due to management. [/QUOTE]
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