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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="KTB" data-source="post: 255054" data-attributes="member: 11975"><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>Doesn't UPS <em>want</em> out of the Central States plan? If this contract gets voted down I'm sure UPS will still want out. They've made no secret that they want out for the past 10 years. UPS gets what it wants with the buy-out. They also get the buy-out essentially for free since they will more than make up the buy out costs at the expense of everyone's wages and health bennies for new hires.</p><p></p><p>If the contract gets voted down they have to go back to negotiations and find another way to make central states work. If things drag in to April or May (?) UPS and the Teamsters will have to pay a fine. Neither party wants that.</p></blockquote><p></p>
[QUOTE="KTB, post: 255054, member: 11975"] [b]Re: What happens if the contract isn't ratified on 1/1/08 when the regs go into effec[/b] Doesn't UPS [I]want[/I] out of the Central States plan? If this contract gets voted down I'm sure UPS will still want out. They've made no secret that they want out for the past 10 years. UPS gets what it wants with the buy-out. They also get the buy-out essentially for free since they will more than make up the buy out costs at the expense of everyone's wages and health bennies for new hires. If the contract gets voted down they have to go back to negotiations and find another way to make central states work. If things drag in to April or May (?) UPS and the Teamsters will have to pay a fine. Neither party wants that. [/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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