Over70irregs
Well-Known Member
Pension for all hours worked or A/C? Vote Your conscious.
Pension for all hours worked or A/C?
- Thread starter Over70irregs
- Start date
Thebrownblob
Well-Known Member
Wouldn’t even be a question if that was the offer, it would be pension hours for me
pkgdriver
Well-Known Member
You are a wise man.
Thebrownblob
Well-Known Member
Air conditionIng cost them next to nothing and I don’t get to take it with me when I leave, it Stays with UPS forever. Money put towards my pension that could allow me to leave earlier it would mean my quality of life would go up exponentially, and I would be retired sooner and would actually be something meaningful and life-changing.
Staydryitsraining
Well-Known Member
Why are you working hundreds of hours over every year? If the answer is yes maybe working less every year would improve your quality of life right now.
DELACROIX
In the Spirit of Honore' Daumier
Thebrownblob
Well-Known Member
My quality of life is great right now I’m talking about being able to leave sooner. It doesn’t matter how many hours I work I can’t retire and get my full pension because of certain rules.
We all work towards being able to not go to work anymore. Thankfully, with the extra money I make now I do put it in my investments, but that pension money can only be released after certain qualifications are met. Adding more hours to that would certainly be a very nice thing in a much more meaningful things and air conditioning that I don’t care about. It’s a shiny object meant to distract people from what they could’ve had.
It would also probably kill two birds with one stone, because the company would be less likely to “force” overtime if it added more to your pension.
DELACROIX
In the Spirit of Honore' Daumier
I hope everybody knows that any monetary pension contributions are based on only a 40 hour week (full time) and a 20 hour week (part time)...Overtime does not count..I believe if the Union asked for extra pension contributions on all Overtime the Company might force a Strike.
It is one of the primary reasons why our members are forced to work a 50 or 65 hour/6 day work schedule instead of them creating new full time or part time members, it saves a ton of money on their pension and (Health and Welfare) contract obligations in certain areas.
What are the odds of a new hire, full time or part time ever attaining the mandatory requirements for a full decent retirement benefit?...Attrition will take most of them, even if they decide to make this a career.
DELACROIX
In the Spirit of Honore' Daumier
LOL, talk to textDon't we all...(peer 80)..
That would be sweetDon't we all...(peer 80)..
Over70irregs
Well-Known Member
Ok then have the extra hours past the max yearly pension hours go into a partial accrual. Similar to a “poison pill” good faith reduce 9.5 hours gesture.
No, we have nothing. Have to find something on the open market. Story for another thread but I wonder how other locals are able to provide affordable healthcare for their retirees, I would like to know where the funding comes from to do so so I can present it to our local.
