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Strike or no strike
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<blockquote data-quote="tieguy" data-source="post: 209488" data-attributes="member: 1912"><p><span style="color: blue">Thrift plan is not a retirement plan its an investment plan in the company. You have that option still with your option to buy ups stock at a discounted price. One was traded for the other which our people told us they really wanted. I know union members that then rolled their entire thrift plan into ups stock and made a killing when we went public. Meanwhile the union reps had told their people not to buy ups stock because the reps considered it a conflict of interests to be a good union man and own ups stock. Those members that listened were pissed when the stock went public. </span></p><p> </p><p><span style="color: #0000ff">You hardcore labor types continue saying don't trust the company. My company provides a decent retirement plan and 401K match not only to the management folks but every non-union clerical person in the company. the 401K match is a terrific option to self manage your retirement. I don't know if you will ever get it because negotiating a match would be against the unions and mult employer plans best interest. The union has always fought to control the pension money. Just like they did in 97. Carey didn't call a strike to save anything except the right to control the pension money. </span></p></blockquote><p></p>
[QUOTE="tieguy, post: 209488, member: 1912"] [COLOR=blue]Thrift plan is not a retirement plan its an investment plan in the company. You have that option still with your option to buy ups stock at a discounted price. One was traded for the other which our people told us they really wanted. I know union members that then rolled their entire thrift plan into ups stock and made a killing when we went public. Meanwhile the union reps had told their people not to buy ups stock because the reps considered it a conflict of interests to be a good union man and own ups stock. Those members that listened were pissed when the stock went public. [/COLOR] [COLOR=#0000ff]You hardcore labor types continue saying don't trust the company. My company provides a decent retirement plan and 401K match not only to the management folks but every non-union clerical person in the company. the 401K match is a terrific option to self manage your retirement. I don't know if you will ever get it because negotiating a match would be against the unions and mult employer plans best interest. The union has always fought to control the pension money. Just like they did in 97. Carey didn't call a strike to save anything except the right to control the pension money. [/COLOR] [/QUOTE]
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