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Brown Cafe UPS Forum
UPS Union Issues
NLRB petition card distribution/collection begins
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<blockquote data-quote="govols019" data-source="post: 168955" data-attributes="member: 8070"><p>It seems the person that should be doing research is you. People like you make my head hurt.</p><p></p><p>The choice was 15% or no jobs because Allied was headed towards bankruptcy. With this deal in place Yucaipa takes over Allied and preserves the pension and H&W.</p><p></p><p>Here is what Allied wanted:</p><p></p><p>The main highlights of the Allied proposal are:</p><p></p><p>1. Eliminate all future wage increases and cost of living increases. Eliminate all future health, welfare and pension increases.</p><p></p><p> 2. Impose a 2.8% wage reduction for all drivers (or 0.55% in the case of brokers, taken from the percentage of revenue). These wage cuts are frozen in place for four years.</p><p></p><p> 3. Eliminate all Teamster health plans. Employees will be offered a company health plan. Allied's cost for the health care plan is capped at 74%, so employees will have to pay 26% of the monthly premium cost. Allied will not pay contributions for dates when the employee is absent without pay or on workers' compensation.</p><p></p><p> 4. Eliminate all Teamster pension plans. Establish a 401(k) with a 2% monthly contribution.</p></blockquote><p></p>
[QUOTE="govols019, post: 168955, member: 8070"] It seems the person that should be doing research is you. People like you make my head hurt. The choice was 15% or no jobs because Allied was headed towards bankruptcy. With this deal in place Yucaipa takes over Allied and preserves the pension and H&W. Here is what Allied wanted: The main highlights of the Allied proposal are: 1. Eliminate all future wage increases and cost of living increases. Eliminate all future health, welfare and pension increases. 2. Impose a 2.8% wage reduction for all drivers (or 0.55% in the case of brokers, taken from the percentage of revenue). These wage cuts are frozen in place for four years. 3. Eliminate all Teamster health plans. Employees will be offered a company health plan. Allied's cost for the health care plan is capped at 74%, so employees will have to pay 26% of the monthly premium cost. Allied will not pay contributions for dates when the employee is absent without pay or on workers' compensation. 4. Eliminate all Teamster pension plans. Establish a 401(k) with a 2% monthly contribution. [/QUOTE]
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