More gloom and doom..CS is tanking

[oldngray]

It made no mention of the agreement with UPS. I don't think that can change until we get screwed in a future contract.

 

[oldngray]

Our BA said that UPS anticipated this and positioned themselves such that our retirees would be the last ones affected by an cuts, which could be as high as 30% for non-UPS retirees.

That was part of the reason for the carve out UPS got - because of the billions they already paid to Central States.

 

[IVE GOTTA PACKAGE 4U]

It made no mention of the agreement with UPS. I don't think that can change until we get screwed in a future contract.

The one thing that makes me mad about the strike of 97. DONT let ups take over the pension.... A.k.a union slush fund.

 

[hellfire]

the second letter is much more somber..raceanoncr, can you scan and upload it, you saw my great job

 

[raceanoncr]

 

[hellfire]

well played

 

[Johney]

kind of ruined Saturday didn't it...this is serious stuff

Well I won't say it ruined my Saturday it would take a lot more than that. Over the last dozen years I've kinda wondered if there would still be a pension when I retired. I have tried to put away enough so that if it were to ever vanish I could still survive and live a modest life without it. I'm more concerned if it were to affect people who have already retired and depend on their pension. Some people years ago may not have seen the writing on the wall. Is what it is. Am I happy about it? No. Is there anything I can do about it? We shall see.

 

[upschuck]

Our BA said that UPS anticipated this and positioned themselves such that our retirees would be the last ones affected by an cuts, which could be as high as 30% for non-UPS retirees.

Unless it is in your supplement(it is in the Central because they took over the pension), all bets are off.

 

[hellfire]

Well I won't say it ruined my Saturday it would take a lot more than that. Over the last dozen years I've kinda wondered if there would still be a pension when I retired. I have tried to put away enough so that if it were to ever vanish I could still survive and live a modest life without it. I'm more concerned if it were to affect people who have already retired and depend on their pension. Some people years ago may not have seen the writing on the wall. Is what it is. Am I happy about it? No. Is there anything I can do about it? We shall see.

hurts because im so close to retirement, thats a pension i earned

 

[BigUnionGuy]

All I can see.... is Council Bluffs, Iowa ??




Are you a retiree ?



-Bug-

 

[IVE GOTTA PACKAGE 4U]

Well I won't say it ruined my Saturday it would take a lot more than that. Over the last dozen years I've kinda wondered if there would still be a pension when I retired. I have tried to put away enough so that if it were to ever vanish I could still survive and live a modest life without it. I'm more concerned if it were to affect people who have already retired and depend on their pension. Some people years ago may not have seen the writing on the wall. Is what it is. Am I happy about it? No. Is there anything I can do about it? We shall see.

Us No voters wanted the pension issues addressed. But Hoffa declared an impasse. (Yes I said it many times) but him.
And the lazy POS that didn't vote.

 

[raceanoncr]

All I can see.... is Council Bluffs, Iowa ??




Are you a retiree ?



-Bug-

Yep. 4 1/2 yrs

 

[BigUnionGuy]

And the lazy POS that didn't vote.

Isn't there a 9.5 thread.... by those people ?



-Bug-

 

[IVE GOTTA PACKAGE 4U]

Isn't there a 9.5 thread.... by those people ?



-Bug-

The lunch skippers and code 05's?

 

[BigUnionGuy]

Yep. 4 1/2 yrs

From UPS ?

 

[silenze]

Looks like the writing was on the wall waaaaay before 97.

 

[IVE GOTTA PACKAGE 4U]

Looks like the writing was on the wall waaaaay before 97.

Getting rid of the thrift plan was another ball slap.

 

[Johney]

hurts because im so close to retirement, thats a pension i earned

I hear ya I'm close myself. I (wife also) just always wanted to plan on a pension payment be icing on the cake, if it vanished I would be upset and angry but able to still retire.

 

[raceanoncr]

All I can see.... is Council Bluffs, Iowa ??




Are you a retiree ?



-Bug-

From UPS ?

Oh, oh, due to all the hate directed at retirees posting on here, I better say, "Why, NO. I'm not retired. I got 52 more years to go with the glorious Brown".

Yes, BUG. UPS. Feeders, mostly

 

[UpstateNYUPSer(Ret)]

Unless it is in your supplement(it is in the Central because they took over the pension), all bets are off.

My post referred to CS retirees only.