Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
UPS Subsidiaries
UPS Freight = TForce Freight
potential problems with "ups freight"
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="worldwide" data-source="post: 81834" data-attributes="member: 2193"><p>monte said "If UPS had negotiated in good faith in "97" that mess could have been avoided."</p><p></p><p>OK, I'll ask again...Please post what the "last, best and final offer" was and what the final contract was. How, specifically, did UPS not negotaite in "good faith?" How are offers of profit-sharing and a more lucrative pension program not "good faith?"</p><p></p><p>As a result of the strike, the rank-and-file Teamsters that comprised the strikers at UPS lost two weeks of wages, their annual profit shares, and the opportunity to accept a corporate pension plan that was far more generous than the one negotiated by the Teamsters (How's that Teamster pension plan look now?). </p><p></p><p>One point on which the Teamsters proclaimed victory is the rejection of the UPS management's proposal to convert the current Teamster-run, multi-employer pension plans to a plan solely for UPS retirees, administered jointly by UPS and the Teamsters. Under the company's proposed plan, UPS retirees would have gained up to 25 percent in benefits over the current multi-employer plans. UPS could have improved pensions for its Teamsters because it no longer would have been compelled to subsidize pensions for employees of other, less-profitable companies that contribute less on behalf of their employees. (UPS also guaranteed it would fulfill its existing financial obligations under the multi-employer plans at a cost of over $700 million.)</p></blockquote><p></p>
[QUOTE="worldwide, post: 81834, member: 2193"] monte said "If UPS had negotiated in good faith in "97" that mess could have been avoided." OK, I'll ask again...Please post what the "last, best and final offer" was and what the final contract was. How, specifically, did UPS not negotaite in "good faith?" How are offers of profit-sharing and a more lucrative pension program not "good faith?" As a result of the strike, the rank-and-file Teamsters that comprised the strikers at UPS lost two weeks of wages, their annual profit shares, and the opportunity to accept a corporate pension plan that was far more generous than the one negotiated by the Teamsters (How's that Teamster pension plan look now?). One point on which the Teamsters proclaimed victory is the rejection of the UPS management's proposal to convert the current Teamster-run, multi-employer pension plans to a plan solely for UPS retirees, administered jointly by UPS and the Teamsters. Under the company's proposed plan, UPS retirees would have gained up to 25 percent in benefits over the current multi-employer plans. UPS could have improved pensions for its Teamsters because it no longer would have been compelled to subsidize pensions for employees of other, less-profitable companies that contribute less on behalf of their employees. (UPS also guaranteed it would fulfill its existing financial obligations under the multi-employer plans at a cost of over $700 million.) [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
UPS Subsidiaries
UPS Freight = TForce Freight
potential problems with "ups freight"
Top