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UPS/Teamster negotiations moving fast
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<blockquote data-quote="area43" data-source="post: 238587" data-attributes="member: 4862"><p>That is true, Jon. Krash I might stand to be corrected but are you from Virginia. It seems I have read in the past one of your post that stated you are from here. Curious, if you don't mind me asking. Where did you take or get that pic(avatar)? If your from Va. than what happens with the insurance at CS wont have no bearing here in Va. Look at it this way. Each fund is like its own seperate company. One fund can't go to the next and ask for some cash for whatever reason. Legally its not possible. Insurance and pension is distinctively that funds babies. Joint Council 83 is responsible for us(Va.) only. The monies UPS($222.10 a wk) and other companies contributes toward our H & W insurance on our behalf goes into a bucket and then Joint 83 shops for Health ins on the open market to cover us all. The pension is totally different. Again, in Joint council 83 the contributions are $273.60 a week. If that was the case in the CS pension. Than that money would have to go into a sep or whatever after UPS pulls out. In short, CS will be responsible for your Insurance after the pull out.</p><p> </p><p>Right now, I believe UPS contributes $238.00 a week towards CS pension plan per UPS ft worker. Now, there is about 35,000 to 40,000 active working UPS employees in the CS plan. That is just under a third of the presently active working members in the plan(appox. 150,000). UPSers, do you remember Ross Perot the presidential candidate back in 92. Do you remembe one of his favorite quotes," Do you HEAR THAT!!! That GIANT sucking sound". LOL. Do the math folks. 35,000 to 40,000 leaving at $238 a week. Wow!!!!!!! That little pocket change the Teamsters get(buy out) from UPS isn't going to last long. Another chunk of baby boomers retiring and the feds will be coming in. Hang on retire's. The Teamsters knew they made promises they couldn't keep. For the ones still working. A two check system, perphaps. Not if the APWA, gets behind "The PLAN" formerly know as the "Cut out the middle man" plan. As you can see alot of people pass through the BC site everyday. Members and non-members alike. Im gambling some top dogs at UPS or the APWA will see "The PLAN". Take it and run with it. sincerely a43</p></blockquote><p></p>
[QUOTE="area43, post: 238587, member: 4862"] That is true, Jon. Krash I might stand to be corrected but are you from Virginia. It seems I have read in the past one of your post that stated you are from here. Curious, if you don't mind me asking. Where did you take or get that pic(avatar)? If your from Va. than what happens with the insurance at CS wont have no bearing here in Va. Look at it this way. Each fund is like its own seperate company. One fund can't go to the next and ask for some cash for whatever reason. Legally its not possible. Insurance and pension is distinctively that funds babies. Joint Council 83 is responsible for us(Va.) only. The monies UPS($222.10 a wk) and other companies contributes toward our H & W insurance on our behalf goes into a bucket and then Joint 83 shops for Health ins on the open market to cover us all. The pension is totally different. Again, in Joint council 83 the contributions are $273.60 a week. If that was the case in the CS pension. Than that money would have to go into a sep or whatever after UPS pulls out. In short, CS will be responsible for your Insurance after the pull out. Right now, I believe UPS contributes $238.00 a week towards CS pension plan per UPS ft worker. Now, there is about 35,000 to 40,000 active working UPS employees in the CS plan. That is just under a third of the presently active working members in the plan(appox. 150,000). UPSers, do you remember Ross Perot the presidential candidate back in 92. Do you remembe one of his favorite quotes," Do you HEAR THAT!!! That GIANT sucking sound". LOL. Do the math folks. 35,000 to 40,000 leaving at $238 a week. Wow!!!!!!! That little pocket change the Teamsters get(buy out) from UPS isn't going to last long. Another chunk of baby boomers retiring and the feds will be coming in. Hang on retire's. The Teamsters knew they made promises they couldn't keep. For the ones still working. A two check system, perphaps. Not if the APWA, gets behind "The PLAN" formerly know as the "Cut out the middle man" plan. As you can see alot of people pass through the BC site everyday. Members and non-members alike. Im gambling some top dogs at UPS or the APWA will see "The PLAN". Take it and run with it. sincerely a43 [/QUOTE]
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