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UPS Union Issues
UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="ok2bclever" data-source="post: 55471"><p>danny,</p><p></p><p>You answered my quoted question glibly and unequivalently, but frankly I question your accuracy and knowledge.</p><p></p><p>If no one contributes more than us why is there a category 18+ which is higher and pays better than the category 18 that UPS workers are in?</p><p></p><p>And hell, tie's statement about ratios is something that has been mentioned by many here including myself long before he resaid it.</p><p></p><p>What's more it is nothing new or specific to Teamster pensions.</p><p></p><p>Newsflash! </p><p></p><p>The baby boom generation 1946-1964 (ages 59-41 this year) has been retiring for the last bunch of years and will continue for the next decade plus.</p><p></p><p>This will negatively affect all pension funds to one extent or another.</p><p></p><p>If you add bad market years in, more funds go in trouble or down.</p><p></p><p>This is not news except to the ostriches.</p><p></p><p>As for judging someone else who is a retired "hard core teamster" and that "he was screwed" perhaps the man on the scene knows better than you, but how could that be possible? </p><p></p><p>Maybe he is old enough to remember the way companies treated workers (beyond the lousy wages and no benefits) before their were unions and appreciates what was done back then instead of being like some of the spoiled know it alls of today who never had to put up with that type of crap and can afford to pontify how useless the unions are from the comfort of their current wages, benefits and job security.</p><p></p><p>Realize that useless union is the only reason you can contemplate retirement in 520.</p><p></p><p>Is there a ton of fat in the union heirarchy, yep, do a lot of stupid decisions come out of the Teamsters, yep. </p><p></p><p>So? You know of a perfect organization somewhere?</p><p></p><p>As far as the pension and your kids go, what is your point, you thought this was an inheritance plan? Sheesh!</p></blockquote><p></p>
[QUOTE="ok2bclever, post: 55471"] danny, You answered my quoted question glibly and unequivalently, but frankly I question your accuracy and knowledge. If no one contributes more than us why is there a category 18+ which is higher and pays better than the category 18 that UPS workers are in? And hell, tie's statement about ratios is something that has been mentioned by many here including myself long before he resaid it. What's more it is nothing new or specific to Teamster pensions. Newsflash! The baby boom generation 1946-1964 (ages 59-41 this year) has been retiring for the last bunch of years and will continue for the next decade plus. This will negatively affect all pension funds to one extent or another. If you add bad market years in, more funds go in trouble or down. This is not news except to the ostriches. As for judging someone else who is a retired "hard core teamster" and that "he was screwed" perhaps the man on the scene knows better than you, but how could that be possible? Maybe he is old enough to remember the way companies treated workers (beyond the lousy wages and no benefits) before their were unions and appreciates what was done back then instead of being like some of the spoiled know it alls of today who never had to put up with that type of crap and can afford to pontify how useless the unions are from the comfort of their current wages, benefits and job security. Realize that useless union is the only reason you can contemplate retirement in 520. Is there a ton of fat in the union heirarchy, yep, do a lot of stupid decisions come out of the Teamsters, yep. So? You know of a perfect organization somewhere? As far as the pension and your kids go, what is your point, you thought this was an inheritance plan? Sheesh! [/QUOTE]
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