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Brown Cafe UPS Forum
UPS Union Issues
Union Politics - 804 members coming soon agitator 2
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<blockquote data-quote="bigd" data-source="post: 1184571" data-attributes="member: 42563"><p>Show me where in PPA act saids that deadline of oct. 1. Even if that were to be the case I'm voting no again! To all reading this post listen up! If the trustees decide to to give a pension increase! and that is highly unlikely because we are still at 66% funded. that increase will only be for members with 25 years of full time service or more! </p><p>3 out of 5 members retiring now at days are getting disability pension which means that they still get the $144 accrual rate per year served!</p><p>So if you are a member with 28years of service but 7years are part time you will not get $3900.</p><p>You will get 21x144=3024.</p><p>VOTE NO! Tell Tim and co. To get a real pension increase by increasing the accrual rate to $152 per year served for All members!</p></blockquote><p></p>
[QUOTE="bigd, post: 1184571, member: 42563"] Show me where in PPA act saids that deadline of oct. 1. Even if that were to be the case I'm voting no again! To all reading this post listen up! If the trustees decide to to give a pension increase! and that is highly unlikely because we are still at 66% funded. that increase will only be for members with 25 years of full time service or more! 3 out of 5 members retiring now at days are getting disability pension which means that they still get the $144 accrual rate per year served! So if you are a member with 28years of service but 7years are part time you will not get $3900. You will get 21x144=3024. VOTE NO! Tell Tim and co. To get a real pension increase by increasing the accrual rate to $152 per year served for All members! [/QUOTE]
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