Strike Fund

[Thebrownblob]

Five years? Is that fund only for UPS employees? Lol.

Of course not. If our contract gets ratified, most of the biggest companies contracts are safe for the next five years. Yellow being the outlier.

 

[Brownwind]

No, buy UPS stocks and collect dividends.

T shirt for everyone

 

[Wally]

Five years? Is that fund only for UPS employees? Lol.

If not, another good reason to distribute contributions at retirement.

 

[Coldworld]

Any guesses on how much money will be in the strike fund by 2028 if they don’t raid it by then ?

 

[What'dyabringmetoday???]

Any guesses on how much money will be in the strike fund by 2028 if they don’t raid it by then ?

I hope Big Union Man doesn't see this...

 

[Coldworld]

I hope Big Union Man doesn't see this...

How much is in there now??

 

[What'dyabringmetoday???]

How much is in there now??

Enough for a spaghetti feed for the "elected leaders".

 

[Coldworld]

Enough for a spaghetti feed for the "elected leaders".

That include meat balls and French bread??

 

[What'dyabringmetoday???]

That include meat balls and French bread??

I'm sure it includes everything. Pigs...

 

[Thebrownblob]

How much is in there now??

About 340 million now. Five years is not that long but maybe close to 400 million by then?

 

[BigUnionGuy]

I hope Big Union Man doesn't see this...

Enough for a spaghetti feed for the "elected leaders".

I'm sure it includes everything. Pigs...

I am truly honored.... to have an internet stalker.

 

[I have NOT been lurking]

That include meat balls and French bread??

Wallyworld balls and Dollartwennyfive Tree bread

 

[Coldworld]

About 340 million now. Five years is not that long but maybe close to 400 million by then?

 

[Commercial Inside Release]

Teamsters's HQ were like "What fund? Dunno what you're referring to..."

 

[What'dyabringmetoday???]

I am truly honored.... to have an internet stalker.

You really need to.... get over yourself.

 

[BrownMonk]

I can’t remember what year this happened but after the 1997 strike, people complained bc we only got $50 per week. A strike fund was created sometime soon after by raising everyone’s union dues. How can we find out how much money exists in that “strike fund”?

The fund started when Hoffa got in. He didn't raise the dues. The formula changed on how the national got money from the locals for each member and how that was distributed. It was a change in the constitution, I believe. The funds were always listed in the back of the Teamster magazine as was every other expense and revenue.

 

[rod]

Any guesses on how much money will be in the strike fund by 2028 if they don’t raid it by then ?

Does it really matter? UPS hourlies (the YES men) will never use it anyway. It will all go to smaller companies who aren't afraid to stand up for what is right.

 

[BigUnionGuy]

The fund started when Hoffa got in.

There was a strike fund long before him.

He didn't raise the dues. The formula changed on how the national got money from the locals for each member and how that was distributed. It was a change in the constitution, I believe.

They changed the dues structure from 2X your hourly rate to 2.5X in 2001 at the convention.

That.... and with better financial management from General Secretary Treasurer K Hall the strike fund

has been built to what it is today.

The funds were always listed in the back of the Teamster magazine as was every other expense and revenue.

Yep.

You can look at the financials for the IBT or any Local, Joint Council, or Conference by looking at

the LM-2 reports.

Search Unions

 

[Wally]

If not, another good reason to distribute contributions at retirement.

 

[What'dyabringmetoday???]

There was a strike fund long before him.



They changed the dues structure from 2X your hourly rate to 2.5X in 2001 at the convention.

That.... and with better financial management from General Secretary Treasurer K Hall the strike fund

has been built to what it is today.



Yep.

You can look at the financials for the IBT or any Local, Joint Council, or Conference by looking at

the LM-2 reports.

Search Unions

Not "2.5X" everywhere. 3X in our local. But at least we have fat ass business agents that work half a day. Lol.