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<blockquote data-quote="barking dog" data-source="post: 206432" data-attributes="member: 10253">You might be missing the point here. It is not a matter of the IBT. This issue would be applicable to any union representing UPS workers whether it be the IBT, APWA or any other union. If an employee takes leave from the company for union service (employment) and the company controls the pension and restricts it to company employees then the time spent employeed by the union would not count towards the company plan. Likewise, the time put into the union plan could not be applied to the company plan on return to UPS employment. UPS is not offering portability.&nbsp;This is what &quot;portability&quot; means. Portability is the ability to take earned pension credits with you from one union employer to another. The central states has portability within it&#039;s signatory employers. UPS would not.&nbsp;There are many disadvantages to going with a single employer pension fund. Everybody should take the time to investigate for themselves what they could gain and what they could lose by going with a UPS only pension. Like leaving UPS for any medical reason prior to reaching their established retirement criteria and having your pension frozen (only if vested) and held by UPS until you reach retirement age. Then you would have to go find another job and start all over at day one on a new pension with another &quot;single employer&quot; fund. At retirement age you would then get two piddly little pensions because of the break in &quot;single employer&quot; coverage.&nbsp;There are advantages to staying with a &quot;multi-employer&quot; fund and the biggest one is &quot;portability&quot;. The ability to take your eraned pension credits with you to another participating union employer and continue an onging accural of pension benefits is huge. How many UPS&#039;ers come down with bad backs; bad legs; broken bones and such that force them to go find another less physically demanding job before retirement age? Why should they be penalized and risk losing their UPS only pension because of a physical problem that is out of their control? Just something to think about.</blockquote>

[QUOTE="barking dog, post: 206432, member: 10253"] You might be missing the point here. It is not a matter of the IBT. This issue would be applicable to any union representing UPS workers whether it be the IBT, APWA or any other union. If an employee takes leave from the company for union service (employment) and the company controls the pension and restricts it to company employees then the time spent employeed by the union would not count towards the company plan. Likewise, the time put into the union plan could not be applied to the company plan on return to UPS employment. UPS is not offering portability. This is what "portability" means. Portability is the ability to take earned pension credits with you from one union employer to another. The central states has portability within it's signatory employers. UPS would not. There are many disadvantages to going with a single employer pension fund. Everybody should take the time to investigate for themselves what they could gain and what they could lose by going with a UPS only pension. Like leaving UPS for any medical reason prior to reaching their established retirement criteria and having your pension frozen (only if vested) and held by UPS until you reach retirement age. Then you would have to go find another job and start all over at day one on a new pension with another "single employer" fund. At retirement age you would then get two piddly little pensions because of the break in "single employer" coverage. There are advantages to staying with a "multi-employer" fund and the biggest one is "portability". The ability to take your eraned pension credits with you to another participating union employer and continue an onging accural of pension benefits is huge. How many UPS'ers come down with bad backs; bad legs; broken bones and such that force them to go find another less physically demanding job before retirement age? Why should they be penalized and risk losing their UPS only pension because of a physical problem that is out of their control? Just something to think about. [/QUOTE]

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