Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
UPS EMPLOYEES START NEW UNION!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="ok2bclever" data-source="post: 55572"><p>tie, I was referring to the union pension. </p><p> </p><p>I know UPS would pay into a pension, they already offered to. </p><p> </p><p>The one doubt I do have is not specifically regarding UPS, but from watching many other corporations around the country. </p><p> </p><p>There is a pattern of corporations that have had defined benefit plans for their employees just up and quit them and notify their employees that they were converting to a defined contribution (aka: a 401k type of plan) pension majorly interrupting the financial plans of their employees' futures. </p><p> </p><p>That is a natural worry. </p><p> </p><p>However, with the precarious financial nature of the current union pension funds where our benefits could plummet to 1/3 overnight with little warning and no guarantees the worry about future corporate decisions becomes academical. </p><p> </p><p>If I had quite a bit of time to go I would say the most proactive thing would be to join APWA. </p><p> </p><p>Sorry Feeders that this thread has gotten a bit sidetracked. </p><p> </p><p>It would be great if all issues and problems were simple black and white with easy cures and good guys against bad guys, but it isn't that simple.</p></blockquote><p></p>
[QUOTE="ok2bclever, post: 55572"] tie, I was referring to the union pension. I know UPS would pay into a pension, they already offered to. The one doubt I do have is not specifically regarding UPS, but from watching many other corporations around the country. There is a pattern of corporations that have had defined benefit plans for their employees just up and quit them and notify their employees that they were converting to a defined contribution (aka: a 401k type of plan) pension majorly interrupting the financial plans of their employees' futures. That is a natural worry. However, with the precarious financial nature of the current union pension funds where our benefits could plummet to 1/3 overnight with little warning and no guarantees the worry about future corporate decisions becomes academical. If I had quite a bit of time to go I would say the most proactive thing would be to join APWA. Sorry Feeders that this thread has gotten a bit sidetracked. It would be great if all issues and problems were simple black and white with easy cures and good guys against bad guys, but it isn't that simple. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
UPS EMPLOYEES START NEW UNION!
Top