Central States going broke---

[IVE GOTTA PACKAGE 4U]

Are part timers paying into the full timers pension plan in your conference, or are they in a separate plan?

They're in a separate plan.

 

[rod]

Just tagging on service year requirements would help.

We have some state workers collecting 3 pensions! They need a bailout?

A lot of the Goverment Unions allow the person to retire, wait a month or so and then go right back on the payroll and keep their pension checks coming in-----so the are in reality they making almost twice as much. . Teachers Unions are like that also. CRAZY.

 

[MAKAVELI]

A lot of the Goverment Unions allow the person to retire, wait a month or so and then go right back on the payroll and keep their pension checks coming in-----so the are in reality making almost twice as much. . Teachers Unions are like that also. CRAZY.

That's not exclusive to government Unions. There's a lot of private employee unions that allow that as well.

 

[rod]

That's not exclusive to government Unions. There's a lot of private employee unions that allow that as well.

Some other Unions have some amazing (and stupid as far as business goes) perks. The United Auto Workers used to get like 80% of their regular pay if they were laid off. I don't know if that is still true. The United Mine Workers around here could earn over 15 weeks of paid vacation a year. A friend of mines dad got 17 weeks. The Railway Workers had it pretty good also when it came to vacations. Another friends Dad was an train engineer and he got 12 weeks a year vaca.

 

[1989]

Lot's of other folks besides UPS.

Those people in the teamster pension are doing just as well.

 

[DELACROIX]

They're in a separate plan.

I am presuming that your part timers are under the company controlled “UPS Pension Plan”.

With the next contract expect the Company to negotiate out of that plan and offer a 401k plan just for the part timers. They could sweeten the pot by providing better benefit levels for past part time hours/service for most of us full timers.

The Company wants out of all their defined pensions plans, it is getting too expensive to maintain and insure them.

 

[IVE GOTTA PACKAGE 4U]

I am presuming that your part timers are under the company controlled “UPS Pension Plan”.

With the next contract expect the Company to negotiate out of that plan and offer a 401k plan just for the part timers. They could sweeten the pot by providing better benefit levels for past part time hours/service for most of us full timers.

The Company wants out of all their defined pensions plans, it is getting too expensive to maintain and insure them.

A little bit of part time I had I'll get a pension check from UPS . My full time check will come from the Teamsters

 

[oldngray]

A little bit of part time I had I'll get a pension check from UPS . My full time check will come from the Teamsters

I get 2 checks but both of them are from the same office in Pittsburgh. Just from different accounts.

 

[IVE GOTTA PACKAGE 4U]

I get 2 checks but both of them are from the same office in Pittsburgh. Just from different accounts.

I figure the part-time check will be extra beer money

 

[1989]

A little bit of part time I had I'll get a pension check from UPS . My full time check will come from the Teamsters

Double dipper

 

[1989]

I get 2 checks but both of them are from the same office in Pittsburgh. Just from different accounts.

Double dipper.

 

[IVE GOTTA PACKAGE 4U]

Double dipper

Trust me I'm not double dipping anything

 

[oldngray]

Trust me I'm not double dipping anything

Since the years of service don't overlap in no way is it double dipping.

 

[IVE GOTTA PACKAGE 4U]

Since the years of service don't overlap in no way is it double dipping.

Neither one of them is a huge amount of money

 

[oldngray]

Neither one of them is a huge amount of money

Not even beer money

... for you

 

[IVE GOTTA PACKAGE 4U]

Not even beer money

... for you

Good thing I saved hard for my retirement

 

[rod]

A little bit of part time I had I'll get a pension check from UPS . My full time check will come from the Teamsters

You're screwed

 

[Bignokr34]

OK, you retired at 53, 12 years before normal retirement age. And you have received pension for 19 years and hopeful for 4 more?
Now tell me, who destroyed the pension fund?

Who destroyed it was all the other ltl companies that are no longer in business or don’t have enough employees to move the cash needle. My retirement was split after I left UPS and worked for Yellow Freight for just a couple of months.

 

[BigUnionGuy]

Who destroyed it was all the other ltl companies that are no longer in business

Yep.

All the un-paid pension contributions.

 

[KrookedHillary]

Would it surprise you to know that at least some, if not all the union officials that preside in the Central Region, are in the West Pension? They represent the Central but at the end of the day, they really don't care.