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Brown Cafe UPS Forum
UPS Union Issues
UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="tieguy" data-source="post: 55389"><p>"Our company would be one of them doing so except they cannot because the contract and laws of the USA stop them from making some moves. </p><p>They are currently working to get the laws of the USA changed regarding this. </p><p>As far as "After all who makes up the largest part of ITB." it would be those "other small companies"." </p><p> </p><p>To give this discussion some meaningfull insight you would have to provide some honest answers. You my friend appear to be hiding from that honesty. More than 80 percent of the top trucking companies that were in business in 1979 and contributing to multi-employer plans went our of business. Over the past 26 years no trucking company of any significant size has come on board to replace these top trucking companies. As a result, contribution made on behalf of UPSers subsidize other participants in the plan. For example, in the central states plan, for every dollar UPS contributes toward pension benefits for UPS employees 60 cents goes to retirees wose companies went out of business. In 1980, there were four active employees for every one retiree. Today, the ratio has swung the other way and put the burden directly on the shoulders of UPS people- each active UPS employee is providing for almost two retirees. Furthermore, because guidelines for multi-employer plans are far less stringent that those for single employer plans, the trustees of these plans have raised benifit levels without having the ability to pay for them.</p></blockquote><p></p>
[QUOTE="tieguy, post: 55389"] "Our company would be one of them doing so except they cannot because the contract and laws of the USA stop them from making some moves. They are currently working to get the laws of the USA changed regarding this. As far as "After all who makes up the largest part of ITB." it would be those "other small companies"." To give this discussion some meaningfull insight you would have to provide some honest answers. You my friend appear to be hiding from that honesty. More than 80 percent of the top trucking companies that were in business in 1979 and contributing to multi-employer plans went our of business. Over the past 26 years no trucking company of any significant size has come on board to replace these top trucking companies. As a result, contribution made on behalf of UPSers subsidize other participants in the plan. For example, in the central states plan, for every dollar UPS contributes toward pension benefits for UPS employees 60 cents goes to retirees wose companies went out of business. In 1980, there were four active employees for every one retiree. Today, the ratio has swung the other way and put the burden directly on the shoulders of UPS people- each active UPS employee is providing for almost two retirees. Furthermore, because guidelines for multi-employer plans are far less stringent that those for single employer plans, the trustees of these plans have raised benifit levels without having the ability to pay for them. [/QUOTE]
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