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Brown Cafe UPS Forum
UPS Union Issues
"To all UPS Employees concerned about their pensions & Benefits" !!!!!!
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<blockquote data-quote="sendagain" data-source="post: 121130" data-attributes="member: 1695"><p>I have yet to see how APWA expects to attain the money it will need to cover these promised benefits. With unions in a decline, how will they ever get the necessary funds to cover the pensioners? It is like the housing market; you can't go wrong when everyone wants a house, and their value is increasing. Everybody wants in. However, the unions are not popular today, and they are not signing up new members. It is just like social security: the payouts are not sustainable without an increase in people paying into the system. Older teamsters will watch their benefits steadily drop, and newer drivers will be decades away from being able to see these promised benefits came to fruition.</p></blockquote><p></p>
[QUOTE="sendagain, post: 121130, member: 1695"] I have yet to see how APWA expects to attain the money it will need to cover these promised benefits. With unions in a decline, how will they ever get the necessary funds to cover the pensioners? It is like the housing market; you can't go wrong when everyone wants a house, and their value is increasing. Everybody wants in. However, the unions are not popular today, and they are not signing up new members. It is just like social security: the payouts are not sustainable without an increase in people paying into the system. Older teamsters will watch their benefits steadily drop, and newer drivers will be decades away from being able to see these promised benefits came to fruition. [/QUOTE]
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UPS Union Issues
"To all UPS Employees concerned about their pensions & Benefits" !!!!!!
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