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UPS Union Issues
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<blockquote data-quote="PobreCarlos" data-source="post: 814971" data-attributes="member: 16651"><p>Trouble is, for many, the money that UPS "put away" for their employees retirement was squandered supporting other non-UPS Teamsters...and didn't benefit UPS employees at all.</p><p></p><p>In that sense, "yes", I believe that UPS would have "put that money away for YOU" - and ONLY for"you", and not flushed down the toilet trying to buy off non-employees - if it had been given the opportunity. As for contractual agreements, I don't think UPS ever agreed to bail-out the entire Teamster pension fund scheme, nor did they agree to any proposal by the Teamsters to ignore organizing the competition and/or drive other employer/contributors to the multi-employer pension funds out of business. That's solely the union's doing.</p><p></p><p>Beyond that, remember the "memorandum of understanding" the Teamsters signed a few years back regarding the funding level of Central States? And remember how they simply failed to honor it? By that I mean that "yes", contracts are AGREED upon by both parties...but, when it came to pensions, the Teamsters have had a history of not honoring their side of the bargain.</p></blockquote><p></p>
[QUOTE="PobreCarlos, post: 814971, member: 16651"] Trouble is, for many, the money that UPS "put away" for their employees retirement was squandered supporting other non-UPS Teamsters...and didn't benefit UPS employees at all. In that sense, "yes", I believe that UPS would have "put that money away for YOU" - and ONLY for"you", and not flushed down the toilet trying to buy off non-employees - if it had been given the opportunity. As for contractual agreements, I don't think UPS ever agreed to bail-out the entire Teamster pension fund scheme, nor did they agree to any proposal by the Teamsters to ignore organizing the competition and/or drive other employer/contributors to the multi-employer pension funds out of business. That's solely the union's doing. Beyond that, remember the "memorandum of understanding" the Teamsters signed a few years back regarding the funding level of Central States? And remember how they simply failed to honor it? By that I mean that "yes", contracts are AGREED upon by both parties...but, when it came to pensions, the Teamsters have had a history of not honoring their side of the bargain. [/QUOTE]
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