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UPS Union Issues
What happens if the contract isn't ratified on 1/1/08 when the regs go into effect?
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<blockquote data-quote="chevyman" data-source="post: 254918" data-attributes="member: 390"><p><strong>Re: What happens if the contract isn't ratified on 1/1/08 when the regs go into effec</strong></p><p></p><p>Under the new contract if it passes you won't get your check from CS, you will get it from the new UPS plan. Your part-time time, your CS years, and time under the new contract will be in one check under the new plan. Hey, in my book it is all about the pension. Do you want an unsecure plan 47% funded or one 100% funded. You aren't leaving those CS members hanging, UPS will be putting 6 billion in the fund to shore it up. It is a win-win for you, CS, and UPS. THINK ABOUT IT. If you quit today and start somewhere else tomorrow you are not going to start out at 28$ @ hour with benefits, a pension, and 401k. It ain't happening. Yeah there be somethings about the contract that stink. Split raises, etc... It may take a new guy longer to get to top wage, but he will get there. Not at GM, a new hire there working next to a 25 year person will never make what the 25 year guy makes because that is what their union agreed on. Vote how you feel in your heart and not your pocket book.</p></blockquote><p></p>
[QUOTE="chevyman, post: 254918, member: 390"] [b]Re: What happens if the contract isn't ratified on 1/1/08 when the regs go into effec[/b] Under the new contract if it passes you won't get your check from CS, you will get it from the new UPS plan. Your part-time time, your CS years, and time under the new contract will be in one check under the new plan. Hey, in my book it is all about the pension. Do you want an unsecure plan 47% funded or one 100% funded. You aren't leaving those CS members hanging, UPS will be putting 6 billion in the fund to shore it up. It is a win-win for you, CS, and UPS. THINK ABOUT IT. If you quit today and start somewhere else tomorrow you are not going to start out at 28$ @ hour with benefits, a pension, and 401k. It ain't happening. Yeah there be somethings about the contract that stink. Split raises, etc... It may take a new guy longer to get to top wage, but he will get there. Not at GM, a new hire there working next to a 25 year person will never make what the 25 year guy makes because that is what their union agreed on. Vote how you feel in your heart and not your pocket book. [/QUOTE]
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What happens if the contract isn't ratified on 1/1/08 when the regs go into effect?
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