J
JonFrum
Guest
Re: Let's All Do Our Homework!
Wkmac,
True, but we can get a good idea by looking at the similar plans UPS has been running all along. This will also prepare everyone to ask the right questions when the actual plan details are released. (Assuming they actually release many details. They didn't last time in 1997.)
Ah Jon has come out of hiding. Your're right carey did not release any details . Carey refused to discuss the poor health of the pension plans. Carey ran for the door rather then discuss it at all. Your point?
The Local 804 Pension Fund and the Local 177 Pension Fund are both in tough shape even though they are run in part by UPS.
Are they really or is this part of the teamsters misinformation campaign that you have been tasked with presenting here? How much of a part. Who controls the other parts Jon? If for instance UPS controls 177 as you claim jon then why have they not been able to put in the cuts you claim they are trying to put in?
I was refering to UPS' lack of pension plan details. After all, they were the ones making the wild proposal to create a new pension plan in '97. The burden was on them. They never did show us an actual plan. Just a sales brochure, *after* we struck.
_ _ _ _ _
UPS controls half the trustees of the Local 177 pension plan. As I've stated before, when half the trustees are management, and the other half labor, this is a receipe for stalement. Typically both sides vote as a block and cancel each other out. In Local 177's case, the trustees are deadlocked and the matter is before an arbitrator who will break the tie, guy.