New Video! Is the buyout even worth it?

[Raw]

Yes, the offer is pathetic, but if you were already heading out the door why not do it with a few $$$ in your pocket?

It would make zero sense for anyone with 29 years or less of service to even consider taking the buyout.

Because it goes against the union contract and weakens the contract.

 

[Raw]

Now that’s funny. This bulletin is titled UPS’s DVS Buyout Program.

It then goes on to say how it’s violating the contract. And it seems to list several reasons, only giving one actual reason related to the buyout. The other reasons are separate issues and have nothing to do with the buyout.

How does AC in package cars have anything to do with the buyout. But it is listed as seemingly being a reason this DVS is violating the contract. Or the 22,500 new jobs seemingly being a reason.

And by the way, the contract does not say 22,500 new jobs as this bulletin says.

And the one treason it gives about violating Article 6?

It says UPS cannot enter into any side deals.

That’s not what Article 6 says.

The Bulletin lists a couple of Articles and other issues, not related to the buyout, that the uniformed may see as a provision in the Agreement that the buyout is conflicting with. Making it look like there is an Article 6 violation.

And then Scary bad? Robs workers of high wages? These guys would be retiring shortly anyway. They are not being forced out. They are welcome to keep working.
.
On the hook for Healthcare? Most are eligible for retiree healthcare and would be on it when they retired anyway.

How can we beat this? Sure, reject the buyout, $50K after taxes, work 4 more months and retire after peak like you were going to do anyway, without a $50K check.

Does O’Brien think we are that stupid? Well, some, maybe even most, probably believe him and don’t know any better.

And he, or the bulletin, says UPS is being devious. This bulletin is all smoke and mirrors.

Well, who is the one being devious now.

One can rack up way more than $50K in the three months it takes to get your pension a spouse could be liable for from medical bills.

 

[IVE GOTTA PACKAGE 4U]

One can rack up way more than $50K in the three months it takes to get your pension a spouse could be liable for from medical bills.

Winner!

 

[Raw]

I agree this deal is very sketchy... at best.

Congratulations on getting out of here.

Any big plans?

Plan on repairing my body from the years of doing our work! LOL

 

[IVE GOTTA PACKAGE 4U]

Plan on repairing my body from the years of doing our work! LOL

Yes that may take awhile

Those repetitive motions start to get to you after several decades

 

[What'dyabringmetoday???]

Because it goes against the union contract and weakens the contract.

How so?

 

[Raw]

How so?

It hasn`t been negotiated with the union and starts the process of chipping away of the contract IMO

 

[Raw]

Basically people taking the buyout are technically quitting which will terminate any protections IMO

 

[What'dyabringmetoday???]

It hasn`t been negotiated with the union and starts the process of chipping away of the contract IMO

So if someone retires and UPS graciously offered them $100,000 as they walked out the door that violates the contract?

 

[What'dyabringmetoday???]

Basically people taking the buyout are technically quitting which will terminate any protections IMO

Opinions vary...

 

[Well-Known Member]

One can rack up way more than $50K in the three months it takes to get your pension a spouse could be liable for from medical bills.

You can live off the $50K easily for the time it takes to approve your retirement. And the UPS/IBT retirement does pay retroactively to your retirement date up to 12 months. Teamcare also says that they will retroactively cover you for the time it takes to get the paperwork done.

So you get the $50K, the missing months of pension and retroactive healthcare. And not work.

 

[UnionStrong]

Yes that may take awhile

Those repetitive motions start to get to you after several decades

My right knee is starting to become a problem.

 

[UnionStrong]

Not bad
Big Lou?

He’s like you, gay

 

[Well-Known Member]

It hasn`t been negotiated with the union

Doesn't have to be.

It is strictly voluntary and not a mandatory subject of bargaining.

 

[IVE GOTTA PACKAGE 4U]

My right knee is starting to become a problem.

Old crippled bastard

 

[IVE GOTTA PACKAGE 4U]

You can live off the $50K easily for the time it takes to approve your retirement. And the UPS/IBT retirement does pay retroactively to your retirement date up to 12 months. Teamcare also says that they will retroactively cover you for the time it takes to get the paperwork done.

So you get the $50K, the missing months of pension and retroactive healthcare. And not work.

But why the rush?
Especially before peak.

 

[Well-Known Member]

But why the rush?
Especially before peak.

That I do not have an answer for. It seems like an odd time to me also.

 

[UnionStrong]

But why the rush?
Especially before peak.

Modern day trickery

 

[IVE GOTTA PACKAGE 4U]

That I do not have an answer for. It seems like an odd time to me also.

Very strange

 

[Thebrownblob]

Very strange

This company doesn’t do anything for no reason