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UPS Union Issues
Teamster Pensions - The Ultimate Goal and Weakness of UPS Contract Negotiations
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<blockquote data-quote="balland chain" data-source="post: 1106358" data-attributes="member: 43608"><p>Giving the Teamsters any money for our pension is a BAD idea. Too much corruption ! Look at what happened with the Central States Fund. We hired an Attorney to look into the missing funds and have an actuary done. Central States Attorneys contacted our Attorney and stated that Central States would fight this, and use the funds money to do so. Really, they don't want to provide and Actuary?? Something is wrong when "our" hard earned money paid by UPS into that fund and they refuse to provide an Actuary. I would rather there be strong language in the new contract that UPS will provide our pension and that the language pertaining to our pensions can NEVER be altered or changed in any way. Some of the things UPS does are screwed up, but one thing consistent with UPS is they make A LOT OF MONEY.</p></blockquote><p></p>
[QUOTE="balland chain, post: 1106358, member: 43608"] Giving the Teamsters any money for our pension is a BAD idea. Too much corruption ! Look at what happened with the Central States Fund. We hired an Attorney to look into the missing funds and have an actuary done. Central States Attorneys contacted our Attorney and stated that Central States would fight this, and use the funds money to do so. Really, they don't want to provide and Actuary?? Something is wrong when "our" hard earned money paid by UPS into that fund and they refuse to provide an Actuary. I would rather there be strong language in the new contract that UPS will provide our pension and that the language pertaining to our pensions can NEVER be altered or changed in any way. Some of the things UPS does are screwed up, but one thing consistent with UPS is they make A LOT OF MONEY. [/QUOTE]
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Teamster Pensions - The Ultimate Goal and Weakness of UPS Contract Negotiations
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