Jackburton
Gone Fish'n
They have to get their money from somewhere else, the cost to build a road can't change that much state to state.
Aug 1 70 cent raise!! How much will you be making?
- Thread starter Brownpackageforyou
- Start date
Where have you been?
brown bomber
brown bomber
just wondering why posters add ect., at the end of lists. Shouldn't it be etc. et cetera, loosely translated in Latin...meaning "and the rest "
kingOFchester
Well-Known Member
I am with you on this.
Lets cut the 25 and out pension where you are to match the lowest pension. Just like they did with my HC.
Why do you feel it is fair that you get more of a pension then me for the same work?
UpstateNYUPSer(Ret)
Well-Known Member
How's that Exxon Valdez clean-up going?
UpstateNYUPSer(Ret)
Well-Known Member
I never said it was fair; in fact, it is the generosity of our pension fund that will ultimately bankrupt it.
New hires have already been told that they will receive a greatly reduced pension ($2-3K/month) upon retirement.
kingOFchester
Well-Known Member
You may not of said " it was fair", but you did say the following:
My post:
Your response:
So now you are saying you would not be willing to give up any of your pension so you could help keep the new drivers from getting a lot less of a pension.
UpstateNYUPSer(Ret)
Well-Known Member
I would be lying if I said that I would be willing to give up any of it.
Is that what,she said to you?
bleedinbrown58
That’s Craptacular
kingOFchester
Well-Known Member
Ok. Now I understand who you are.
You think everyone should get the same pay.
You think we should all have the same HC.
You are unwilling to give up any of your pension so those retiring with you in other locals could get the same as you....even though everyone has done the "same work" to get to retirement.
You are unwilling to give up any of your pension so junior drivers in your local can get what you get when they retire......even though everyone has done the "same work" to get to retirement.
You even go as far as to admit that your healthy pension is coming at the price of the new drivers by a substantially less pension they will receive upon retirement.
So as long as Teamsters are being brought down to your level, you are ok with it. But on issues where you would be brought down to other Teamsters levels, you are not ok with.
Stand up guy. Me-ster??
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UpstateNYUPSer(Ret)
Well-Known Member
It's nice to see that we are on the same page.
My projected pension is roughly $5K/month. Recent retirees have been closer to $6K while older retirees receive nearly $7K/month. Did I bitch that I wasn't getting the same pension as those who retired before me? No because I understand that our multi-employer pension fund is in critical status and that I should be thankful that I will getting anywhere near what I am projected to get. Does it suck that new hires will be performing the same work for a longer period of time for less than half of the pension? Absolutely. Would I be willing to take a lesser pension to ensure that those who follow will receive a pension increase? Absolutely not. Would I be willing to take a lesser pension to ensure that UPSers in other locals would receive a more equitable pension? Absolutely not.
I truly hope that UPS buys out of our pension, like they did in Boston. Yes, it would decimate the pension fund, but at least our pensions would be protected. Our pension fund is being hurt by those employers who have either stopped contributing (YRC), those who are looking to buy out their obligation (Graymont) or those who are behind in their contributions.
Truth be told, this would be much easier if every UPSer were covered by the same set of rules, which would include the same pension requirements and monthly payment amount.
My projected pension is roughly $5K/month. Recent retirees have been closer to $6K while older retirees receive nearly $7K/month. Did I bitch that I wasn't getting the same pension as those who retired before me? No because I understand that our multi-employer pension fund is in critical status and that I should be thankful that I will getting anywhere near what I am projected to get. Does it suck that new hires will be performing the same work for a longer period of time for less than half of the pension? Absolutely. Would I be willing to take a lesser pension to ensure that those who follow will receive a pension increase? Absolutely not. Would I be willing to take a lesser pension to ensure that UPSers in other locals would receive a more equitable pension? Absolutely not.
I truly hope that UPS buys out of our pension, like they did in Boston. Yes, it would decimate the pension fund, but at least our pensions would be protected. Our pension fund is being hurt by those employers who have either stopped contributing (YRC), those who are looking to buy out their obligation (Graymont) or those who are behind in their contributions.
Truth be told, this would be much easier if every UPSer were covered by the same set of rules, which would include the same pension requirements and monthly payment amount.
Overpaid Union Thug
Well-Known Member
Then it will be on par with other areas.
UpstateNYUPSer(Ret)
Well-Known Member
....and whether that it is right, wrong or indifferent is not for me to decide....
Overpaid Union Thug
Well-Known Member
Well......not exactly. There is always that thing where everyone, or a majority, that's in your pension plan could vote to bring down their own payments so that future participants could still reap the rewards. But that will never happen.
kingOFchester
Well-Known Member
As should HC and hourly rate. But you ave already said you would be unwilling to take less.
JL 0513
Well-Known Member
So guys like me 25+ years out from retirement may be looking at little to no pension and possibly no social security as well as much less savings than previous generations (it's fact that savings rates are way down throughout the country).
Should be an interesting future.
Should be an interesting future.
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