You started 55 years ago?
2023 contract
- Thread starter IVE GOTTA PACKAGE 4U
- Start date
DELACROIX
In the Spirit of Honore' Daumier
The rest of the Conferences (like the West) should never have been able to vote on any pension increases for the members under the Central and Southern Supplement.... Why is it the Master anyway ?...it is duplicate language.
It was only put into the (MASTER) to prevent those members under the IBT/UPS Pension plan the power to negotiate and vote down the supplement if the benefits were not up to par with the rest of the country.
In reality @542thruNthru is correct..Even if we under the Central and Southern continue to vote down our supplements or riders and The Master passes any further negotiation on our pension increases is useless. The powers that be made sure we under the Central and Southern (part time and full time) would never have complete control of their pension benefits or improvements
The members under the West are under a Monetary Contribution Pension Plan, a weekly contribution goes into their own individual pension trusts, as long as those monetary contributions increase and new membership continues to grow they are set for life..I believe the their pension is close to 300 dollars per service year right now and it will grow with every contract. Some members under the well funded West pension funds were concerned about paying or suffering loss for the Central's potential default, this past Federal Bail Out pretty much prevented that from happening..There has been a lot of politicking over this issue, in the past it has been used as a scare tactic in order to pass concessionary Contracts.
Turning some of our membership against others less fortunate...In other words we were all being played...
I have been lurking
Tired hubrat
Then we start at 8 pm and wrap up at 6amThe proposals are junk
75% of the drivers don’t care about that
NORMAL HOURS IS WHAT WE WANT
7:30 -4:30 !!!!
NW.Hunter
Member
so you're saying that you've been at UPS for 10 years longer than I have been alive? You should have retired years ago
burrheadd
KING Of GIFS
542thruNthru
Well-Known Member
You'll get what you get and like it!
Dewdewbrown
Well-Known Member
Yeah...I'd rather walk up three flights of stairs or down a mile long driveway to deliver vs. someone coming to meet me..
Dewdewbrown
Well-Known Member
Yeah...I'd rather walk up three flights of stairs or down a mile long driveway to deliver vs. someone coming to meet me..
trickpony1
Well-Known Member
Does "quad decade guy" know about "cinco decade guy"?
burrheadd
KING Of GIFS
clean hairy
Well-Known Member
And the walk would be uphill both directions on the driveway!
35years
Gravy route
You hit the nail on the head.
Those under the IBT/UPS plan...Central and Southern regions+... had better wake up.
$170 credit in 2013...Only $175 in 2023.
Adjusted for inflation, that should be $216 in 2022 and $233 for 2023.
25% reduction in buying power.
The 30 and 35 and out methods actually faired worse...33% reduction in buying power.
Plain and simple, those in the IBT/UPS fund were sold out.
That's why it was written into the Master. No voting down the supplement like every other region.
To rectify what Hoffa did:
The IBT/UPS pension is currently figured by two methods...
1. Accrual method:
Inflation adjustment indicates an immediate 25% increase, but also retroactive increases in pension credit for the last 10 years for an extra $176 cumulative. That is only to make up for inflation.
2. (30 or 35 and out method)
Inflation adjustment indicates 30 and out should be $5,400 not the current $3,900
Inflation adjustment indicates 35 and out should be $6,500 not the current $4,300
These should actually increase over the contract as well...This is just the inflation adjusted starting point for the first year.
If these increases seem large, remember they only reflect inflation.
That is how badly the Central and South are currently getting screwed.
If you retire at 62 you will get 20 years of pension on avg.
$6,500 vs $4,300 a month totals an extra $528,000
WAKE UP!!!
Last edited:
Wontmake9.5
My job is fun
^^^ das some bull
!! And I am in the southern too sigh
!! And I am in the southern too sigh
35years
Gravy route
Yep^^^ das some bull
Retire in Wash D.C, ......................................get $10,000 a month. (local 639)
Retire in California.........................................get 6-8K
Retire in Millwalkee.......................................get 6-7K
Retire in the central or south.....................get screwed.
And for you young drivers you are also getting screwed for the future because you are only getting $175 a month credit each year while others get $300+ ...You are accumulating pension credit now (only getting half what other drivers are accumulating).
And many other supplements get screwed also
DELACROIX
In the Spirit of Honore' Daumier
...and that full time service 25 and out any age under the IBT/UPS pension formula...
“A whopping 2,000”
Subtract your current retirees’ healthcare payments of 400 a month.
and do not forget the taxes...maybe you will be clearing 1,300 a mouth if you are lucky.
That 25 and out service benefit has not been improved since the plan started in 2008. (15 years ago)..
That's like living on one week's paycheck...and that full time service 25 and out any age under the IBT/UPS pension formula...
“A whopping 2,000”
Subtract your current retirees’ healthcare payments of 400 a month.
and do not forget the taxes...maybe you will be clearing 1,300 a mouth if you are lucky.
That 25 and out service benefit has not been improved since the plan started in 2008. (15 years ago)..
specter208
Well-Known Member
Bid the routes on saturdays.
Sixth Punch Sense
Well-Known Member
wtf does that mean?
specter208
Well-Known Member
Offer the Saturday routes by seniority.
