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Brown Cafe UPS Forum
UPS Union Issues
What if Ups buys out Teamsters/Central States Pension woo`s?
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<blockquote data-quote="mittam" data-source="post: 208517" data-attributes="member: 1223"><p>We had a vp from DC at our center today but he acted as if he had no clue what was going on. He said he is not part of the negotiating committee so he is not privy to that info. He had no answers only guesses. He doesn't know about ss coming out of pension, he doesn't know if there will still be a penalty, and he doesn't know if 25 or 30 and out will be back. He brought no info of the talks with him. HE came from a brewery and has no clue just what we do at UPS and how demanding our jobs can be. He did say he is concerned about UPS/teamster pension plan and thinks we will get ripped off by it. BUT, if that happens he said the cs pension would be 78% funded when UPS buys out their liability for the plan.</p></blockquote><p></p>
[QUOTE="mittam, post: 208517, member: 1223"] We had a vp from DC at our center today but he acted as if he had no clue what was going on. He said he is not part of the negotiating committee so he is not privy to that info. He had no answers only guesses. He doesn't know about ss coming out of pension, he doesn't know if there will still be a penalty, and he doesn't know if 25 or 30 and out will be back. He brought no info of the talks with him. HE came from a brewery and has no clue just what we do at UPS and how demanding our jobs can be. He did say he is concerned about UPS/teamster pension plan and thinks we will get ripped off by it. BUT, if that happens he said the cs pension would be 78% funded when UPS buys out their liability for the plan. [/QUOTE]
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What if Ups buys out Teamsters/Central States Pension woo`s?
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