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UPS Union Issues
UPS' Last Best and Final Offer July 22 1997
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<blockquote data-quote="104Feeder" data-source="post: 1019950" data-attributes="member: 42554"><p><strong>Article 34- Health & Welfare and Pension</strong></p><p><strong></strong></p><p><strong>Section 1. Health Care Coverage</strong></p><p><strong></strong></p><p><strong>a)The Employer will provide health care coverage to all eligible full-time and part-time employees covered by this Agreement and their spouses and eligible dependents pursuant to the terms of the UPS Health & Welfare Package.</strong></p><p><strong></strong></p><p><strong>b) Eligible retirees who were former full or part-time employees and their eligible spouses and dependent children will be provided health care coverage until age 65 pursuant to the terms of the UPS Health & Welfare Package. <span style="color: #ff0000">This proposal provides no coverage after age 65, only Medicare & Medicaid. Our current plan provides coverage in addition to Medicare & Medicaid after age 65.</span></strong></p><p><strong><span style="color: #ff0000"></span></strong></p><p><strong><span style="color: #ff0000"></span><span style="color: #000000">c) Plan benefits for full-time and part-time employees as well as retirees will be maintained for the duration of this Agreement at levels no less than those outlined in the initial Summary Plan Descriptions. No reduction in the level of benefits may occur during the duration of this Agreement unless negotiated and agreed to by the Union.</span></strong></p><p><strong><span style="color: #000000"></span></strong></p><p><strong>d) Health care coverage will be provided for up to 1 year for eligible full-time and part-time employees, their spouses, and eligible dependents when the employee is absent from work due to an on-the-job or off-the-job injury or illness. Full-time employees and their spouses and eligible dependents, who obtain supplemental long-term disability coverage, shall be provided health care coverage during the period that they qualify for long-term disability benefits. </strong></p><p><strong></strong></p><p><strong>e) The Employer shall implement the new health care coverage within 6 months of the ratification of this Agreement. Until such new coverage becomes effective, employees will continue to be covered by the Union or Employer Health & Welfare Plan in effect on July 31, 1997. The Employer will continue to make Health & Welfare contributions at the level in effect on July 31 1997 to the applicable Teamster Health & Welfare fund until such time as the new health care coverage becomes effective.</strong></p><p><strong></strong></p><p><strong>friend) The Employere will provide to all active and retired employees eligible for coverage under the UPS Health & Welfare Package a Summary Plan Description in booklet form prior to coverage commencing. Employees will also be provided with an explanation of any changes at such time changes occur. The Summary Plan Description for the Health & Welfare package will be the governing language. </strong></p><p><strong></strong></p><p><strong>g) (*Removed Language* h. </strong>In the event that national health care legislation is enacted, the parties agree to meet and discuss any ramifications of that legislation on the provisions of this Article.</p><p><strong></strong></p><p><strong>Section 2 Pension</strong></p><p><strong></strong></p><p><strong>Preamble</strong></p><p><strong>Pension benefits in the new UPS National Pension Plan for full-time employees and the improved UPS Pension Plan for part-time employees will be maintained for the duration of this Agreement at the levels described in the Plan Documents and as are summarized below. There will be no reduction in the level of benefits described herein unless negotiated and agreed to by the Union. </strong></p><p><strong><span style="color: #ff0000">Read all the fine print. This plan is only going to stay at this level of benefits for the duration of this Contract. In 5 years UPS will attempt the same "Take it or leave it" attitude as now. Can you say "Reduction in Benefits?"</span></strong></p><p><strong></strong></p><p><strong>a) New UPS National Pension Plan</strong></p><p><strong>(1) The Employer will establish a UPS National Pension Plan on or before December 31st 1997 for full-time employees described below. The pension program will provide a total monthly benefit from the UPS National Pension Plan and any other plan to which the Employer contributed on behalf of an employee based upon his/her years of service described in paragraph a)(3) below. For example, the total combined monthly benefit will be equal to the following provided the employee meets the Credited Service requirement: </strong></p><p><strong></strong></p><p><strong>$3,500 for retirement at any age after 35 years of Full-Time Credited Service</strong></p><p><strong>$3,000 for retirement at any age after 30 years of Full-Time Credited Service</strong></p><p><strong>$2,500 for retirement at age 60 after 25 years of Full-Time Credited Service</strong></p><p><strong>$2,000 for retirement at any age after 25 years of Full-Time Credited Service </strong></p><p><strong><span style="color: #ff0000">Contrary to Managements misrepresentation of the facts, the real truth is that our Western Conference of Teamsters Pension Plan pays far greater benefits and will increase even further in the future.</span></strong></p><p><strong></strong></p><p><strong>The monthly benefit formula under the UPS National Pension Plan will be: </strong></p><p><strong></strong></p><p><strong>$100 times the full-time Credited Service plus $50 times part-time Credited Service years subject to a maximum 35 years combined service less any vested benefit under any other plan to which the Employer contributed on behalf of the Employee.</strong></p><p><strong></strong></p><p><strong>Elligble full-time employees shall be those covered by this Agreement and covered on the day before the Effective Date (see sec 3) by IBT Multi-employer defined benefit and defined contribution Pension Plans, including the Local 804 Pension Plan (collectively called the "Multi-employer Pension Plans), the UPS Pension Plan and by the Local 177 Pension Plan (all the forgoing plans collectively called the "Prior Pension Plans"). New hire full-time employees covered by this Agreement will also be covered by the UPS National Pension Plan. </strong></p><p><strong></strong></p><p><strong>(2) If a full-time employee is covered by a Prior Pension Plan on the date immediately preceding the Effective Date that would have provided a benefit greater than outlined above, based upon the same years of service, the UPS National Pension Plan guarantees that the combined montly benefit paid under the UPS National Pension Plan and the Prior Pension Plan will not be less than what the employee would have been entitled to under the provisions of the Prior Pension Plan in effect on May 13, 1997 based on the benefit formula and/or the contribution rate in effect on that date, as if the Employer had continued its contributions to the Prior Pension Plan at that rate. </strong><strong><span style="color: #FF0000">The b</span><span style="color: #FF0000">enefit formula and contribution rate are frozen at the May 13, 1997 rate. There will be no future benefit increases. $570.90 per month for each employee who worked 173 hours or more during such month, or $3.30 per hour worked. August 1st 2012 contribution is $9.60 for ALL COMPENSABLE hours up to 2080 per year, or by the May formula $1660.80 for each month covered (at 'all compensable' most hit their 2080 in early October). That's TRIPLE the previous amount! </span></strong><strong></strong></p><p><strong></strong></p><p><strong>(3) Full-time employees will recieve 1 month of Credited Service for each 125 paid hours as a full-time employee up to a maximum of 1500 paid hours in a calendar year. Full-time employees who were part-time will receive credited service for paid hours as a part-time employee as described in b)(2).</strong></p><p><strong></strong></p><p><strong>(4) Both prior full-time and part-time years of Vesting Service will count toward qualifying for the 30-and-out retirement and 25-and-out retirement. For full-time employees with previous part-time service, all years as a part-time employee with 750 or more paid hours will count as a complete year of Vesting Service.</strong></p><p><strong></strong></p><p><strong>(5) If the employee does not have a vested benefit under his Prior Pension Plan, he/she will still be credited with years of service in accordance with this Section under the UPS National Pension Plan for those prior years.</strong></p><p><strong></strong></p><p><strong>(6) The Employer will be rsponsible for funding the UPS National Pension Plan as required to provide the benefits described above and will be responsible for maintaining the Plan.</strong></p><p><strong></strong></p><p><strong>(7) The UPS National Pension Plan shall be governed by the terms of the UPS National Pension Plan Document.</strong></p><p><strong></strong><strong><span style="color: #FF0000">Total Control by UPS. Dave Murray stated UPS will be the sole Administrator. UPS will decide if there are to be any future benefit increases. UPS will make all investment decisions and keep all profits and interest generated. All investment profits and interest currently generated under the Teamster administrated plan stay in the Plan and are used for benefit increases to the Members. The Members want to know.. What Plan? What Details? What Document? UPS is asking the Union to put our Members futures at risk and we will not do that. </span></strong><strong></strong></p><p><strong></strong></p><p><strong>b) Improved UPS Pension Plan</strong></p><p><strong></strong></p><p><strong>(1) Prior to December 31, 1997 or an earlier date determined by the Employer the UPS Pension Plan will be amended to cover all eligible part-time employees represented by the Union. The UPS Pension Plan will be improved to provide a combined monthly benefit from this Plan and any other plan to which the Employer contributed on behalf of an employee based on his/her years of service as described in paragraph b)(2) below. For example, the total combined monthly benefit will be equal to the following provided the employee meets the Credited Service Requirement: </strong></p><p><strong></strong></p><p><strong></strong></p><p><strong></strong><strong>$1,750 for retirement at any age after 35 years of Part-Time Credited Service</strong></p><p><strong></strong><strong>$1,500 for retirement at any age after 30 years of Part-Time Credited Service</strong></p><p><strong></strong><strong>$1,250 for retirement at age 60 after 35 years of Part-Time Credited Service</strong></p><p><strong></strong><strong>$1,750 for retirement at any age after 35 years of Part-Time Credited Service</strong></p><p><strong></strong></p><p><strong></strong><strong>The monthly benefit formula under the UPS National Pension Plan will be: </strong></p><p><strong></strong></p><p><strong>$50 times the part-time Credited Service plus $100 times full-time Credited Service years subject to a maximum 35 years combined service less any vested benefit under any other plan to which the Employer contributed on behalf of the Employee. </strong></p><p><strong></strong></p><p><strong>Eligble part-time employees shall be those classified as part-time employees on the date prior to the effective date of the amendment to the UPS Pension Plan and newly hired part-time employees. </strong></p><p><strong></strong></p><p><strong>(2) Part-time employees will receive 1 year of credited service for 750 or more paid hours. (6 months of part-time credited service will be granted for 375 to 500 hours worked in a calendar year, and 9 months of part-time credited service will be granted for 501 to 749 hours worked in a calendar year.). Employees will receive credited service for paid hours as a full-time employee as described in a)(3) above. </strong></p><p><strong></strong></p><p><strong>(3) if the employee does not have a vested benefit under his Prior Pension Plan, he/she will still be credited with years of service in accordance with this Section under the UPS Pension Plan for those prior years. </strong></p><p><strong></strong></p><p><strong>(4) If a part-time employee is covered by a Prior Pension Plan as described in paragraph a)(1) above on the date immediately preceding the Effective Date that would have provided a benefit greater than outlined above, based upon the same years of service, the UPS Pension Plan guarantees that the combined monthly benefit paid under the UPS Pension Plan and the Prior Pension Plan will not be less than what the employee would have been entitled to under the provisions of the Prior Pension Plan in effect on May 13, 1997 based on the benefit formula and/or the contribution rate in effect on that date, as if the Employer had continued its contributions to the Prior Pension Plan at that rate. <span style="color: #ff0000">The b</span><span style="color: #ff0000">enefit formula and contribution rate are frozen at the May 13, 1997 rate. There will be no future benefit increases.</span></strong></p><p><strong></strong></p><p><strong>(5) Both prior part-time and full-time years of Vesting Service will count toward qualifying for the 30-and-out retirement and the 25-and-out retirement for part-time employees with previous full-time service, all years as a full-time employee with 750 or more paid hours will count as a complete year of Vesting Service. </strong></p><p><strong></strong></p><p><strong>(6) The Employer will be responsible for funding the UPS Pension Plan as required to provide benefits described above and will be responsible for maintaining the plan.</strong></p><p><strong></strong></p><p><strong>(7) The UPS Pension Plan shall be governed by the terms of the UPS Pension Plan Document.</strong></p><p><strong><span style="color: #ff0000">Total Control by UPS. Dave Murray stated UPS will be the sole Administrator. UPS will decide if there are to be any future benefit increases. UPS will make all investment decisions and keep all profits and interest generated. All investment profits and interest currently generated under the Teamster administrated plan stay in the Plan and are used for benefit increases to the Members. </span></strong></p><p><strong><span style="color: #ff0000"></span></strong></p><p><strong><span style="color: #ff0000"></span></strong></p><p><strong><span style="color: #ff0000"></span><span style="color: #000000">Proposed July 22, 1997</span></strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="104Feeder, post: 1019950, member: 42554"] [B]Article 34- Health & Welfare and Pension Section 1. Health Care Coverage a)The Employer will provide health care coverage to all eligible full-time and part-time employees covered by this Agreement and their spouses and eligible dependents pursuant to the terms of the UPS Health & Welfare Package. b) Eligible retirees who were former full or part-time employees and their eligible spouses and dependent children will be provided health care coverage until age 65 pursuant to the terms of the UPS Health & Welfare Package. [COLOR=#ff0000]This proposal provides no coverage after age 65, only Medicare & Medicaid. Our current plan provides coverage in addition to Medicare & Medicaid after age 65. [/COLOR][COLOR=#000000]c) Plan benefits for full-time and part-time employees as well as retirees will be maintained for the duration of this Agreement at levels no less than those outlined in the initial Summary Plan Descriptions. No reduction in the level of benefits may occur during the duration of this Agreement unless negotiated and agreed to by the Union. [/COLOR] d) Health care coverage will be provided for up to 1 year for eligible full-time and part-time employees, their spouses, and eligible dependents when the employee is absent from work due to an on-the-job or off-the-job injury or illness. Full-time employees and their spouses and eligible dependents, who obtain supplemental long-term disability coverage, shall be provided health care coverage during the period that they qualify for long-term disability benefits. e) The Employer shall implement the new health care coverage within 6 months of the ratification of this Agreement. Until such new coverage becomes effective, employees will continue to be covered by the Union or Employer Health & Welfare Plan in effect on July 31, 1997. The Employer will continue to make Health & Welfare contributions at the level in effect on July 31 1997 to the applicable Teamster Health & Welfare fund until such time as the new health care coverage becomes effective. friend) The Employere will provide to all active and retired employees eligible for coverage under the UPS Health & Welfare Package a Summary Plan Description in booklet form prior to coverage commencing. Employees will also be provided with an explanation of any changes at such time changes occur. The Summary Plan Description for the Health & Welfare package will be the governing language. g) (*Removed Language* h. [/B]In the event that national health care legislation is enacted, the parties agree to meet and discuss any ramifications of that legislation on the provisions of this Article. [B] Section 2 Pension Preamble Pension benefits in the new UPS National Pension Plan for full-time employees and the improved UPS Pension Plan for part-time employees will be maintained for the duration of this Agreement at the levels described in the Plan Documents and as are summarized below. There will be no reduction in the level of benefits described herein unless negotiated and agreed to by the Union. [COLOR=#ff0000]Read all the fine print. This plan is only going to stay at this level of benefits for the duration of this Contract. In 5 years UPS will attempt the same "Take it or leave it" attitude as now. Can you say "Reduction in Benefits?"[/COLOR] a) New UPS National Pension Plan (1) The Employer will establish a UPS National Pension Plan on or before December 31st 1997 for full-time employees described below. The pension program will provide a total monthly benefit from the UPS National Pension Plan and any other plan to which the Employer contributed on behalf of an employee based upon his/her years of service described in paragraph a)(3) below. For example, the total combined monthly benefit will be equal to the following provided the employee meets the Credited Service requirement: $3,500 for retirement at any age after 35 years of Full-Time Credited Service $3,000 for retirement at any age after 30 years of Full-Time Credited Service $2,500 for retirement at age 60 after 25 years of Full-Time Credited Service $2,000 for retirement at any age after 25 years of Full-Time Credited Service [COLOR=#ff0000]Contrary to Managements misrepresentation of the facts, the real truth is that our Western Conference of Teamsters Pension Plan pays far greater benefits and will increase even further in the future.[/COLOR] The monthly benefit formula under the UPS National Pension Plan will be: $100 times the full-time Credited Service plus $50 times part-time Credited Service years subject to a maximum 35 years combined service less any vested benefit under any other plan to which the Employer contributed on behalf of the Employee. Elligble full-time employees shall be those covered by this Agreement and covered on the day before the Effective Date (see sec 3) by IBT Multi-employer defined benefit and defined contribution Pension Plans, including the Local 804 Pension Plan (collectively called the "Multi-employer Pension Plans), the UPS Pension Plan and by the Local 177 Pension Plan (all the forgoing plans collectively called the "Prior Pension Plans"). New hire full-time employees covered by this Agreement will also be covered by the UPS National Pension Plan. (2) If a full-time employee is covered by a Prior Pension Plan on the date immediately preceding the Effective Date that would have provided a benefit greater than outlined above, based upon the same years of service, the UPS National Pension Plan guarantees that the combined montly benefit paid under the UPS National Pension Plan and the Prior Pension Plan will not be less than what the employee would have been entitled to under the provisions of the Prior Pension Plan in effect on May 13, 1997 based on the benefit formula and/or the contribution rate in effect on that date, as if the Employer had continued its contributions to the Prior Pension Plan at that rate. [/B][B][COLOR=#FF0000]The b[/COLOR][COLOR=#FF0000]enefit formula and contribution rate are frozen at the May 13, 1997 rate. There will be no future benefit increases. $570.90 per month for each employee who worked 173 hours or more during such month, or $3.30 per hour worked. August 1st 2012 contribution is $9.60 for ALL COMPENSABLE hours up to 2080 per year, or by the May formula $1660.80 for each month covered (at 'all compensable' most hit their 2080 in early October). That's TRIPLE the previous amount! [/COLOR][/B][B] (3) Full-time employees will recieve 1 month of Credited Service for each 125 paid hours as a full-time employee up to a maximum of 1500 paid hours in a calendar year. Full-time employees who were part-time will receive credited service for paid hours as a part-time employee as described in b)(2). (4) Both prior full-time and part-time years of Vesting Service will count toward qualifying for the 30-and-out retirement and 25-and-out retirement. For full-time employees with previous part-time service, all years as a part-time employee with 750 or more paid hours will count as a complete year of Vesting Service. (5) If the employee does not have a vested benefit under his Prior Pension Plan, he/she will still be credited with years of service in accordance with this Section under the UPS National Pension Plan for those prior years. (6) The Employer will be rsponsible for funding the UPS National Pension Plan as required to provide the benefits described above and will be responsible for maintaining the Plan. (7) The UPS National Pension Plan shall be governed by the terms of the UPS National Pension Plan Document. [/B][B][COLOR=#FF0000]Total Control by UPS. Dave Murray stated UPS will be the sole Administrator. UPS will decide if there are to be any future benefit increases. UPS will make all investment decisions and keep all profits and interest generated. All investment profits and interest currently generated under the Teamster administrated plan stay in the Plan and are used for benefit increases to the Members. The Members want to know.. What Plan? What Details? What Document? UPS is asking the Union to put our Members futures at risk and we will not do that. [/COLOR][/B][B] b) Improved UPS Pension Plan (1) Prior to December 31, 1997 or an earlier date determined by the Employer the UPS Pension Plan will be amended to cover all eligible part-time employees represented by the Union. The UPS Pension Plan will be improved to provide a combined monthly benefit from this Plan and any other plan to which the Employer contributed on behalf of an employee based on his/her years of service as described in paragraph b)(2) below. For example, the total combined monthly benefit will be equal to the following provided the employee meets the Credited Service Requirement: [/B][B]$1,750 for retirement at any age after 35 years of Part-Time Credited Service [/B][B]$1,500 for retirement at any age after 30 years of Part-Time Credited Service [/B][B]$1,250 for retirement at age 60 after 35 years of Part-Time Credited Service [/B][B]$1,750 for retirement at any age after 35 years of Part-Time Credited Service [/B][B]The monthly benefit formula under the UPS National Pension Plan will be: $50 times the part-time Credited Service plus $100 times full-time Credited Service years subject to a maximum 35 years combined service less any vested benefit under any other plan to which the Employer contributed on behalf of the Employee. Eligble part-time employees shall be those classified as part-time employees on the date prior to the effective date of the amendment to the UPS Pension Plan and newly hired part-time employees. (2) Part-time employees will receive 1 year of credited service for 750 or more paid hours. (6 months of part-time credited service will be granted for 375 to 500 hours worked in a calendar year, and 9 months of part-time credited service will be granted for 501 to 749 hours worked in a calendar year.). Employees will receive credited service for paid hours as a full-time employee as described in a)(3) above. (3) if the employee does not have a vested benefit under his Prior Pension Plan, he/she will still be credited with years of service in accordance with this Section under the UPS Pension Plan for those prior years. (4) If a part-time employee is covered by a Prior Pension Plan as described in paragraph a)(1) above on the date immediately preceding the Effective Date that would have provided a benefit greater than outlined above, based upon the same years of service, the UPS Pension Plan guarantees that the combined monthly benefit paid under the UPS Pension Plan and the Prior Pension Plan will not be less than what the employee would have been entitled to under the provisions of the Prior Pension Plan in effect on May 13, 1997 based on the benefit formula and/or the contribution rate in effect on that date, as if the Employer had continued its contributions to the Prior Pension Plan at that rate. [COLOR=#ff0000]The b[/COLOR][COLOR=#ff0000]enefit formula and contribution rate are frozen at the May 13, 1997 rate. There will be no future benefit increases.[/COLOR] (5) Both prior part-time and full-time years of Vesting Service will count toward qualifying for the 30-and-out retirement and the 25-and-out retirement for part-time employees with previous full-time service, all years as a full-time employee with 750 or more paid hours will count as a complete year of Vesting Service. (6) The Employer will be responsible for funding the UPS Pension Plan as required to provide benefits described above and will be responsible for maintaining the plan. (7) The UPS Pension Plan shall be governed by the terms of the UPS Pension Plan Document. [COLOR=#ff0000]Total Control by UPS. Dave Murray stated UPS will be the sole Administrator. UPS will decide if there are to be any future benefit increases. UPS will make all investment decisions and keep all profits and interest generated. All investment profits and interest currently generated under the Teamster administrated plan stay in the Plan and are used for benefit increases to the Members. [/COLOR][COLOR=#000000]Proposed July 22, 1997[/COLOR] [/B] [/QUOTE]
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