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Brown Cafe UPS Forum
UPS Union Issues
Question about Central States Funding.
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<blockquote data-quote="Bubblehead" data-source="post: 1174163" data-attributes="member: 14176"><p>The advantage goes to all other non-UPS Teamsters who participate in the fund as well as UPS as a company who will now be able to cap their expenses for the duration of the agreement in regards to health care, instead of having to maintain a defined benefit.</p><p>That is unless health care costs fall?</p><p>Who thinks that will be the case?</p><p></p><p>Am I the only one who sees the irony in the fact that we as a union struck in '97 to keep the pension, gave it away in '08 to put a $6.1 billion band-aid on the failing fund and to secure a card check agreement with UPS Freight, and now are being asked to go back into a Central States Health Fund?</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 1174163, member: 14176"] The advantage goes to all other non-UPS Teamsters who participate in the fund as well as UPS as a company who will now be able to cap their expenses for the duration of the agreement in regards to health care, instead of having to maintain a defined benefit. That is unless health care costs fall? Who thinks that will be the case? Am I the only one who sees the irony in the fact that we as a union struck in '97 to keep the pension, gave it away in '08 to put a $6.1 billion band-aid on the failing fund and to secure a card check agreement with UPS Freight, and now are being asked to go back into a Central States Health Fund? [/QUOTE]
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