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Brown Cafe UPS Forum
UPS Union Issues
UPS/Teamster pension?
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<blockquote data-quote="1timepu" data-source="post: 258196" data-attributes="member: 28"><p>I am a member from 177, if the Contract pass's our Pension will be funded up to %80 there by satisfying the requirements under the new pension rules which take effect Jan 1st, there would be no increase in the pension, but there would be no cuts to. Take into account that %99.9 of working America doesnt get a pension, we should fell lucky. You are correct in saying that the Teamsters and UPS are both to blame here since it is administered by both of them. So instead of looking for an increase be happy that it didnt get cut, you wont get your pension raised but what about us who arent ready to retire for another 10 15 years. Take into account from the last contract and this one, we wont see an increase for 12 years! And who is to say there wont be cuts in the future? But if the contact gets voted down then the Arbitrator comes back into play, and I dont think we want to see that wildcard!</p></blockquote><p></p>
[QUOTE="1timepu, post: 258196, member: 28"] I am a member from 177, if the Contract pass's our Pension will be funded up to %80 there by satisfying the requirements under the new pension rules which take effect Jan 1st, there would be no increase in the pension, but there would be no cuts to. Take into account that %99.9 of working America doesnt get a pension, we should fell lucky. You are correct in saying that the Teamsters and UPS are both to blame here since it is administered by both of them. So instead of looking for an increase be happy that it didnt get cut, you wont get your pension raised but what about us who arent ready to retire for another 10 15 years. Take into account from the last contract and this one, we wont see an increase for 12 years! And who is to say there wont be cuts in the future? But if the contact gets voted down then the Arbitrator comes back into play, and I dont think we want to see that wildcard! [/QUOTE]
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