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Brown Cafe UPS Forum
UPS Retirement Topics
retiree medical coverage going up
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<blockquote data-quote="homer123" data-source="post: 251779" data-attributes="member: 11818"><p>It's not rambling. It's what we want to know is happening. My latest "conspiracy theory" is that UPS pushed the government to flex its muscle. I say that tongue-in-cheek, but who benefits the most from this buy-out. In 1997 President Clinton was asked to intervene in the strike. He said it was not the place of the government to interfere w/ private business. Do you think President Bush would have allowed a strike? No way. OK, I don't disagree that a strike could do some long term damage to the company & the union. If unions do not have that leverage they may as well not exist. This buy-out,even w/ its positive points, long term only serves UPS best interest. Those of you vested in CS think about this example; Joe Driver has 20 years in 2008. retires 10 years later. expects 2 pension checks, one from CS for 2/3 of his pension & one from UPS for 1/3. If CS cannot stay afloat even with this added cash, where does that leave Joe Driver? I am trying to scare people? No! I am trying to get people to read all the print in the contract before casting a vote. I do believe that both sides were acting in our interest by getting this on paper by 10-01, but I believe UPS comes out on top, no matter how many ways you spin it. (Now that's rambling!)</p></blockquote><p></p>
[QUOTE="homer123, post: 251779, member: 11818"] It's not rambling. It's what we want to know is happening. My latest "conspiracy theory" is that UPS pushed the government to flex its muscle. I say that tongue-in-cheek, but who benefits the most from this buy-out. In 1997 President Clinton was asked to intervene in the strike. He said it was not the place of the government to interfere w/ private business. Do you think President Bush would have allowed a strike? No way. OK, I don't disagree that a strike could do some long term damage to the company & the union. If unions do not have that leverage they may as well not exist. This buy-out,even w/ its positive points, long term only serves UPS best interest. Those of you vested in CS think about this example; Joe Driver has 20 years in 2008. retires 10 years later. expects 2 pension checks, one from CS for 2/3 of his pension & one from UPS for 1/3. If CS cannot stay afloat even with this added cash, where does that leave Joe Driver? I am trying to scare people? No! I am trying to get people to read all the print in the contract before casting a vote. I do believe that both sides were acting in our interest by getting this on paper by 10-01, but I believe UPS comes out on top, no matter how many ways you spin it. (Now that's rambling!) [/QUOTE]
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