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Brown Cafe UPS Forum
UPS Union Issues
union election local 177
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 769134" data-attributes="member: 12570"><p>Unlike Princess I took the time to click on the link and have to admit I was not that impressed. Did you have one of your kids write the text? If this is the first impression members will have of your slate it is not a very good one.</p><p> </p><p>I will comment on the information about the NYS Teamsters Pension Fund, which is my pension fund. Some of the information is misleading. We never had 25 and out for the full timers. We did lose some of the ancilllary benefits with the 30 and out. Schedule E was adopted. As was stated this was the most generous plan. The only thing that changed is that we now have a minimum retirement age (55) with 30 years of service for a normal pension, which is about $5,200/month. Yes we are losing our next four split raises, including the one we should have received 8/1/10. These will be diverted to the pension. The contribution from UPS will remain the same--the difference will be made up by our split raises. The plan trustees feel that this corrective measure will turn the fund around. Let's hope so.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 769134, member: 12570"] Unlike Princess I took the time to click on the link and have to admit I was not that impressed. Did you have one of your kids write the text? If this is the first impression members will have of your slate it is not a very good one. I will comment on the information about the NYS Teamsters Pension Fund, which is my pension fund. Some of the information is misleading. We never had 25 and out for the full timers. We did lose some of the ancilllary benefits with the 30 and out. Schedule E was adopted. As was stated this was the most generous plan. The only thing that changed is that we now have a minimum retirement age (55) with 30 years of service for a normal pension, which is about $5,200/month. Yes we are losing our next four split raises, including the one we should have received 8/1/10. These will be diverted to the pension. The contribution from UPS will remain the same--the difference will be made up by our split raises. The plan trustees feel that this corrective measure will turn the fund around. Let's hope so. [/QUOTE]
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