rod
Retired 22 years
When were you in management? Someone correct me if I'm wrong but as far as I know UPS stock wasn't offered to anyone unless they were in management back then.
Recently turned 60
When were you in management? Someone correct me if I'm wrong but as far as I know UPS stock wasn't offered to anyone unless they were in management back then.
badpal
Well-Known Member
Good advice, I thought about when I was a young man of 50. but sadly went with the boat and a newer wife. Both of them gone now along with 75% of my knees. A fellow thinks he can just keep going forever, but once you start to go downhill it picks up steam in a hurry. And when customers and coworkers start goofing on you even in fun after watching you pull yourself into a pkg car, it makes a guy think. So keep beating it into those newbies if you can just help one out its worth it.
E
el blanco
Guest
Oldest MF to ever retire pkg. at my center
no brag, just fact
tough old bird
no brag, just fact
tough old bird
I'm just returning the favor that some if the old timers gave me when I was a rookie
badpal
Well-Known Member
You got my respect friend , best of luck to you.
Big Babooba
Well-Known Member
It has its good points.
Yes it does. I love being outside and moving, it keeps me in shape. Also enjoy the inter-action with customers
brownmonster
Man of Great Wisdom
That was all part of the union busting plan to make us feel like "partners" culminating in a contract offer in 97 based on profit sharing and not raises.
MynameisNeigan
Well-Known Member
You can always do both
As an old-timer. I will give you the scoop and I hope it helps. It was called the ups thrift plan in which you could have up to $6 withdrawn from your paycheck on an after-tax basis and ups would match whatever amount you chose to withdrawal. Rember back then the 401K and Retirement funds had not been created. So when the retirement accounts became available, it made the thrift plan obsolete and Casey family members who still owned a large amount of stock were putting a lot of pressure to have the company go public because they were only allowed to sell so many shares a year. So they came up with this great plan "really" to give the thrift plan members half cash half stock. the only negative was that we all could not sell our stock until 1 year after the public offering. the great deal was that before the IPO they split the shares in half so now you had double. They set you up with a BNY Mellon account to manage the stock offering and hold your stock for a year as they were class A voting stock. Most of us then put the stock and cash in the new Western Conference of Teamsters UPS 401k. As far as what they invested in who will ever know. There were some good years that hit double-digit returns and years that hit single digits as well.
Those who had invested in the plan in the early 70's and retired after the IPO made a killing. I saw some of their accounts between $500,000 and a $1,000,000. I could go into more detail of how they sold us the idea and how they used it against us.
Jkloc420
Do you need an air compressor or tire gauge
is this a trick question
Indecisi0n
Well-Known Member
Should have just kept the old bag and just got a side piece. Would have been much cheaper.
Stay in package and walk at an even slower pace than normal
Nothing like a side peice
Indecisi0n
Well-Known Member
He's 60,any slower and he will be going backwards.
