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Brown Cafe UPS Forum
UPS Union Issues
Worst part of contract
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<blockquote data-quote="chevyman" data-source="post: 254910" data-attributes="member: 390"><p>If this contract passes, then when you retire , under this new contract, you will receive your pension through the new joint administered UPS/Teamster Pension Plan not CS. When UPS dumps the 6.1 billion into CS plan they walk away never having to pay into that again. And so the 44,000 UPSers that would have gotten their check through CS will now get it from UPS. Meanwhile, the CS pension plan got a boost and that should make everyone else in CS breath a little easier. If you are a UPSer , then whats not to like about going from a pension plan thats 47% funded to a 100% funded. Who cares where it comes from. Don't forget what happened in the 70s when the teamsters dipped into the fund. And don't forget about the hand that feeds you. Don't get me wrong, I'm glad to be a teamster, glad that have someone to go to if I need to be represented but they don't butter my bread.</p></blockquote><p></p>
[QUOTE="chevyman, post: 254910, member: 390"] If this contract passes, then when you retire , under this new contract, you will receive your pension through the new joint administered UPS/Teamster Pension Plan not CS. When UPS dumps the 6.1 billion into CS plan they walk away never having to pay into that again. And so the 44,000 UPSers that would have gotten their check through CS will now get it from UPS. Meanwhile, the CS pension plan got a boost and that should make everyone else in CS breath a little easier. If you are a UPSer , then whats not to like about going from a pension plan thats 47% funded to a 100% funded. Who cares where it comes from. Don't forget what happened in the 70s when the teamsters dipped into the fund. And don't forget about the hand that feeds you. Don't get me wrong, I'm glad to be a teamster, glad that have someone to go to if I need to be represented but they don't butter my bread. [/QUOTE]
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Worst part of contract
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