Not necessarily, although money is usually a top priority in any negotiation. I didn't hear any talk on the other issues, and the pilot I talked to said he'd vote no, because 8 years equals 12 years in UPS time. At least there seems to be progress.
He felt that an 8 year agreement would equate to a 12 year agreement before it was amended again. Probably an exaggeration, but a good 10 years, if history is a guide. Something to consider if you plan on retiring in 8-10 years.
Ahh, you are referring to working without a contract or extending the current one beyond the contract date while negotiating the next one as has happened a few times in the ground arena and more often in the air arena, got it.