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<blockquote data-quote="Inthegame" data-source="post: 969247" data-attributes="member: 37112"><p><strong><span style="font-size: 12px">No way in hell will I forget, or forgive or understand.</span></strong></p><p></p><p>Here we go, back to the big font...You might not forgive but you have definitely forgotten. If you indeed still have the offer in your files, reread it. Or maybe your RTW glasses are fogged. There was no offer to buy out just CS in '97. The offer was to replace all Pension plans not just CS. Not sure what the point of comparing withdrawal liability dollars as UPS didn't seem too "stretched" to afford the 2007 number. But on to your points,</p><p>No 20 and out was offered although 20 was the floor for "early outs" which was reduced by age. The 25 and out was also reduced by age. Retiree insurance was not free, in fact it matched the CS plan of $50 per month at the time. The flaw in your position is you're comparing recent reductions in CS plan with offers made in 1997. Not many at the time had the crystal ball. UPS health plans that cover active management today have monthly co-premiums not in place in 1997. Do you in your wildest dreams think employees would be immune from those costs if the '97 UPS offer was accepted and H&W was offered to union employees? Things have changed my friend, were you space travelling? Ask a retired UPS manager about the supplemental plan evaporation. Since '97 H&W costs have risen into low earth orbit. (that was for your benefit) </p><p>I don't know the total number of Teamsters that showed up at local union strike authorization votes. I know in our local it was nearly unanimous. The number is small because most people are lazy and would rather watch "My Favorite Martian" than secure their future. I do know once the strike was called 99.5% of Teamsters stayed out 17 days without crossing a picket line. You're the one in the small minority. More numbers... the UPS last best and final in '97 had wage offers totaling $1.50 plus two bonus years. The Teamsters secured you (a freeloader) $3.10 increases in wages. Do you own math on that. Base wages are multiplying benefits that grow at a exponential rate. You are thousands ahead every year because of that strike and because of the TEAMSTERS.</p><p> </p></blockquote><p></p>
[QUOTE="Inthegame, post: 969247, member: 37112"] [B][SIZE=3]No way in hell will I forget, or forgive or understand.[/SIZE][/B] Here we go, back to the big font...You might not forgive but you have definitely forgotten. If you indeed still have the offer in your files, reread it. Or maybe your RTW glasses are fogged. There was no offer to buy out just CS in '97. The offer was to replace all Pension plans not just CS. Not sure what the point of comparing withdrawal liability dollars as UPS didn't seem too "stretched" to afford the 2007 number. But on to your points, No 20 and out was offered although 20 was the floor for "early outs" which was reduced by age. The 25 and out was also reduced by age. Retiree insurance was not free, in fact it matched the CS plan of $50 per month at the time. The flaw in your position is you're comparing recent reductions in CS plan with offers made in 1997. Not many at the time had the crystal ball. UPS health plans that cover active management today have monthly co-premiums not in place in 1997. Do you in your wildest dreams think employees would be immune from those costs if the '97 UPS offer was accepted and H&W was offered to union employees? Things have changed my friend, were you space travelling? Ask a retired UPS manager about the supplemental plan evaporation. Since '97 H&W costs have risen into low earth orbit. (that was for your benefit) I don't know the total number of Teamsters that showed up at local union strike authorization votes. I know in our local it was nearly unanimous. The number is small because most people are lazy and would rather watch "My Favorite Martian" than secure their future. I do know once the strike was called 99.5% of Teamsters stayed out 17 days without crossing a picket line. You're the one in the small minority. More numbers... the UPS last best and final in '97 had wage offers totaling $1.50 plus two bonus years. The Teamsters secured you (a freeloader) $3.10 increases in wages. Do you own math on that. Base wages are multiplying benefits that grow at a exponential rate. You are thousands ahead every year because of that strike and because of the TEAMSTERS. [SIZE=3][COLOR=#00ff00][/COLOR][/SIZE][B][SIZE=3][COLOR=#008000][/COLOR][/SIZE][/B] [/QUOTE]
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