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UPS Union Issues
The Western Conference and Local 177 H&W DISASTER!
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<blockquote data-quote="LagunaBrown" data-source="post: 1214014" data-attributes="member: 29765"><p><strong>The Western Conference and Local 177 H&amp;W DISASTER!</strong></p><p></p><p>Wow you don't know what you are talking about do you... In 2002 our pension contributions were a meager $4.10an hour. That's roughly $8,528 into pension. The next contract it was raised to help out by adding $2.25 to $6.35 an hour and roughly $13,208 a year to pension. Then last contract we bumped it up even more up 3.25 to $9.65 an hour. So with the .25 increase in the proposed contact we will be dumping $9.85 into our totally green 94% funded plan. The simple math is roughly 20,488 a year. So if you think the old timers are gonna draw on our pension you are crazy! We will be putting $105,560 per full timer into the plan. Also since only the new retiree's will be in the union plan health care actives will far out number any draw from them as well.</p></blockquote><p></p>
[QUOTE="LagunaBrown, post: 1214014, member: 29765"] [b]The Western Conference and Local 177 H&W DISASTER![/b] Wow you don't know what you are talking about do you... In 2002 our pension contributions were a meager $4.10an hour. That's roughly $8,528 into pension. The next contract it was raised to help out by adding $2.25 to $6.35 an hour and roughly $13,208 a year to pension. Then last contract we bumped it up even more up 3.25 to $9.65 an hour. So with the .25 increase in the proposed contact we will be dumping $9.85 into our totally green 94% funded plan. The simple math is roughly 20,488 a year. So if you think the old timers are gonna draw on our pension you are crazy! We will be putting $105,560 per full timer into the plan. Also since only the new retiree's will be in the union plan health care actives will far out number any draw from them as well. [/QUOTE]
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