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<blockquote data-quote="Inthegame" data-source="post: 973089" data-attributes="member: 37112"><p><span style="color: #800000">Nor sure about your figures, but one thing that perhaps shouldn't be forgotten is the hundred million dollar concession/rebate Teamster Central States trustees pushed forward in order to get UPS back to the table (see "Sprague v. CSPF"....</span><a href="http://www.leagle.com/xmlResult.aspx?xmldoc=20011091143FSupp2d948_11003.xml&docbase=CSLWAR2-1986-2006" target="_blank"><span style="color: #800000">SPRAGUE v. CENTRAL STATES, SOUTHEAST AND SOUTHWEST�-�February 6, 2001.</span></a><span style="color: #800000">). That, coupled with the eventual collapse of Central States, probably ought to be consider when talking about a "Teamster win".</span></p><p><span style="color: #800000"></span></p><p></p><p>Pobre, The numbers are accurate and conservative. The average paid day is higher today than in 2002, hence $40K would be on the low end. </p><p>The Sprague case (TDU's big story in the early 2000's) was dismissed as the defendants (CS trustees) position on the abatement of contributions for 5 months was considered prudent in the context of the overall agreement. Remember the withdrawal liability doesn't lessen with suspended contributions, in fact it increases, so the "back loaded" position the trustees held proved legitimate as UPS's eventual withdrawal was over 6 Bl. The "plan" more than made up the 100ml abatement, and the strike was ended allowing paychecks to return. </p><p>That strike also set the tone for the 2002 agreement that had much improved numbers for H&W and P contributions,(between $24-$28 per year) and surprising wage increases. In fact the increases of the last agreement were once again surprisingly generous. I have little confidence these numbers will be sustained. </p><p>My response was to a monday morning quarterback who has answers (inaccurate as they are) after the fact. In 1997 the economic outlook in this country was much brighter than it is now. To put blame on Teamster leaders looking out for their members using revisionist history is bogus. </p><p>Thank you for your thoughts.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 973089, member: 37112"] [COLOR=#800000]Nor sure about your figures, but one thing that perhaps shouldn't be forgotten is the hundred million dollar concession/rebate Teamster Central States trustees pushed forward in order to get UPS back to the table (see "Sprague v. CSPF"....[/COLOR][URL="http://www.leagle.com/xmlResult.aspx?xmldoc=20011091143FSupp2d948_11003.xml&docbase=CSLWAR2-1986-2006"][COLOR=#800000]SPRAGUE v. CENTRAL STATES, SOUTHEAST AND SOUTHWEST�-�February 6, 2001.[/COLOR][/URL][COLOR=#800000]). That, coupled with the eventual collapse of Central States, probably ought to be consider when talking about a "Teamster win". [/COLOR] Pobre, The numbers are accurate and conservative. The average paid day is higher today than in 2002, hence $40K would be on the low end. The Sprague case (TDU's big story in the early 2000's) was dismissed as the defendants (CS trustees) position on the abatement of contributions for 5 months was considered prudent in the context of the overall agreement. Remember the withdrawal liability doesn't lessen with suspended contributions, in fact it increases, so the "back loaded" position the trustees held proved legitimate as UPS's eventual withdrawal was over 6 Bl. The "plan" more than made up the 100ml abatement, and the strike was ended allowing paychecks to return. That strike also set the tone for the 2002 agreement that had much improved numbers for H&W and P contributions,(between $24-$28 per year) and surprising wage increases. In fact the increases of the last agreement were once again surprisingly generous. I have little confidence these numbers will be sustained. My response was to a monday morning quarterback who has answers (inaccurate as they are) after the fact. In 1997 the economic outlook in this country was much brighter than it is now. To put blame on Teamster leaders looking out for their members using revisionist history is bogus. Thank you for your thoughts. [/QUOTE]
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