UnionStrong
Sorry, but I don’t care anymore.
Thank you
The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
- Thread starter Wally
- Start date
542thruNthru
Well-Known Member
You're very welcome brother.
UnionStrong
Sorry, but I don’t care anymore.
How do you know it was part of the bailout terms? Same for CS? Maybe that’s why New England had to resubmit the bailout app.
Bubblehead
My Senior Picture
Yes they could, that would be an increase.
Well I'm glad you're supplements getting it I hope the 17th or 18% of the people in the central carry this contract
I want to leave a bigger legacy for the teamsters behind me
But unfortunately it's not looking that way
Bubblehead
My Senior Picture
I have been drawing my pension since 2020 and it isn't going to change....and it shouldn't.
Personally I think the IBT would be better served to have all pensions pay similar benefits, regardless of region or local.
That's a legacy I could get behind, seeing we are all governed by a supposed National Master.
542thruNthru
Well-Known Member
It's part if the Butch Lewis act. So yes same for CS.
Well because you've been retired since 2020
Unfortunately this week contract is probably going to pass
542thruNthru
Well-Known Member
Is he giving you the @DriveInDriveOut treatment also? Lol
I really don't care if somebody disagrees me for a valid reason
But after talking to my business agent the general rate increases with exception of the part-timers the money is not much different from the last contract.
They just moved it around a little bit
Honestly you can't be serious?
@rod
We actually need you to answer a question seriously
I know you done well in life and you invested wisely on the other hand you have been retired for over 20 years
If you have other limited means besides your pension what would you stand if iving be at your current pension payout?
Johney
Well-Known Member
CS was well funded in 2006 after UPS bought them out for $6.6 billion too. We all know how that worked out.It's all bull.
upschuck
Well-Known Member
There for a while, they were giving a 13th check because it was doing so well.
DriveInDriveOut
Inordinately Right
Pension discussion aside, the full time general wage increase is basically double what we got under the last contract.
Not counting the cola raises we had $4.15 over 5 years this current contract.
No if you're going to put the extra money into my pension contributions like you did last contract and I really don't remember how much they put into the healthcare the last contract but the raises are not that far off especially when you add inflation in.
DriveInDriveOut
Inordinately Right
At 40 hours a week, this contract's raises comes out to an extra $48k over 5 years, the last contract added $24k.
I'm curious how all the math really adds up.
But I suspect we won't get those numbers.
govols019
You smell that?
Man, somebody is sensitive.
I have and it's gonna be the first contract I will vote Yes on since 1997.
Everything I had on my contract list was obtained.
Pension increases?
rod
Retired 22 years
My Financial guy says that with my pension and my wifes and mines SS we could live just fine. Her State pension check has always just went into savings and my Military disability and small State pension is just icing on the cake as is the "over 70 forced payout of about a grand a month on our investment portfolio. I'm sure we would survive on JUST our pensions if we needed to because we have NO PAYMENTS ON ANYTHING-NOTHING-ZILTCH- NADA. It's surprising how easy the money comes when you have no payments or kids living off you. Hope this helps.
Similar threads
- Poll
