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Brown Cafe UPS Forum
UPS Union Issues
Ready to Strike?
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<blockquote data-quote="DELACROIX" data-source="post: 5413655" data-attributes="member: 49065"><p>It depends on whether the Company or the Union wants long term Part Time employees.</p><p></p><p>The Union wants more full time jobs occupied by our younger members that are currently paying into their pension and health and welfare plans. The Company is the exact opposite, they want young transient short term temps (part timers), they are not going to be hanging around enough to become vested (5years).</p><p></p><p>I can see the part timers starting rate at 18 and a four year progression... expect a matched 401k instead of a traditional pension plan for those under the Company controlled UPS Pension Plan.</p><p></p><p>I could be wrong on this but I expect the Company wants to shed it’s Defined Benefit Pension Plans, similar to what they did with their management. All those previous part time credit years under that plan for majority of the full timers can be formulated into the IBT/UPS plan under the Central and Southern. It is legally possible for them to transfer funds as long as they improve the vested benefits.</p><p></p><p>Those under the vastly superior Western Conferences will remain in their plans.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5413655, member: 49065"] It depends on whether the Company or the Union wants long term Part Time employees. The Union wants more full time jobs occupied by our younger members that are currently paying into their pension and health and welfare plans. The Company is the exact opposite, they want young transient short term temps (part timers), they are not going to be hanging around enough to become vested (5years). I can see the part timers starting rate at 18 and a four year progression... expect a matched 401k instead of a traditional pension plan for those under the Company controlled UPS Pension Plan. I could be wrong on this but I expect the Company wants to shed it’s Defined Benefit Pension Plans, similar to what they did with their management. All those previous part time credit years under that plan for majority of the full timers can be formulated into the IBT/UPS plan under the Central and Southern. It is legally possible for them to transfer funds as long as they improve the vested benefits. Those under the vastly superior Western Conferences will remain in their plans. [/QUOTE]
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