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UPS Union Issues
UPS EMPLOYEES START NEW UNION!
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<blockquote data-quote="tieguy" data-source="post: 55531"><p>"I have not blamed UPS for it's condition. </p><p>Perhaps you confuse my statement that UPS had the same knowledge of the fund's precarious condition as the union had." </p><p> </p><p>I am afraid that I find you have indeed tried to muddy the waters with UPS. You keep making references to UPS not doing anything. At other times you make the point that while this present pension system is not that great it is at least better than if UPS has control of it. A clear reference to the days of 1997 when UPS clearly tried to do something to fix the pension. Comon man stand up with conviction! Say it nice and loud so everyone can hear you! The present Multi-employer pension system sucks!!! Don't beat around the bush, don't get cute with the facts don't muddy the waters. Stand up!!! </p><p> </p><p>It is realistically possible that UPS could have taken control of the pension and turned it into a win/win for every one. Once the plan was fully funded they may not have had to pay as much into the plan to keep it at that level. One clear advantage to having your retirement in a single employer plan is the regulatory requirements for funding are much stricter than your multi-employer plans and the insurance of those plans is about 400 percent better than the insurance of a multi-employer plan. </p><p> </p><p>So in your previous posts you again tried to throw cold water on UPS's intentions. I as a management person am according to your bleak outlook on life am not supposed to care for the people I work with and I am apparently according to your point of view not allowed to care whether those people have a nice retirement. Your logic of innuendo which you will now try to deny is totally fricked up.</p></blockquote><p></p>
[QUOTE="tieguy, post: 55531"] "I have not blamed UPS for it's condition. Perhaps you confuse my statement that UPS had the same knowledge of the fund's precarious condition as the union had." I am afraid that I find you have indeed tried to muddy the waters with UPS. You keep making references to UPS not doing anything. At other times you make the point that while this present pension system is not that great it is at least better than if UPS has control of it. A clear reference to the days of 1997 when UPS clearly tried to do something to fix the pension. Comon man stand up with conviction! Say it nice and loud so everyone can hear you! The present Multi-employer pension system sucks!!! Don't beat around the bush, don't get cute with the facts don't muddy the waters. Stand up!!! It is realistically possible that UPS could have taken control of the pension and turned it into a win/win for every one. Once the plan was fully funded they may not have had to pay as much into the plan to keep it at that level. One clear advantage to having your retirement in a single employer plan is the regulatory requirements for funding are much stricter than your multi-employer plans and the insurance of those plans is about 400 percent better than the insurance of a multi-employer plan. So in your previous posts you again tried to throw cold water on UPS's intentions. I as a management person am according to your bleak outlook on life am not supposed to care for the people I work with and I am apparently according to your point of view not allowed to care whether those people have a nice retirement. Your logic of innuendo which you will now try to deny is totally fricked up. [/QUOTE]
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