Contract proposals for 2018

[IVE GOTTA PACKAGE 4U]

They are not making any since they didn't buy TNT ... think about it ........
The offer was not cash but in kind stock exchange.

Who wants UPS stock?

 

[Catatonic]

Who wants UPS stock?

Not me unless it's free.

 

[wide load]

What about all that cash that they didn't buy TNT with?

They save a boat load of money by switching to Geico!

 

[IVE GOTTA PACKAGE 4U]

They save a boat load of money by switching to Geico!

15% or more?

 

[wide load]

Accrued means that the funding has to be earned or reducing other compensation of equivalent value.
Don't try and use 'big words' and then spin their meaning ... I'm way beyond that level of thinking and analysis.

Accrued means increasing amounts over time. Look them up if you have a hard time understanding their meaning. Making up a definition doesn't prove you correct.

 

[Catatonic]

No extra cost? But UPS made multiple billions. Didn't they just raise their rates? And take away non-union pension? So I'm sure they have a little extra scratch to do both.

It's always easy when it is someone else's money.

 

[Catatonic]

Accrued means increasing amounts over time. Look them up if you have a hard time understanding their meaning. Making up a definition doesn't prove you correct.

It's an Accounting term.
Maybe appropriated by Contract users but it means to set aside funds for future expenditures.

It's a somewhat similar concept so I accept your def although worded a bit weirdly and not exactly grammatically correct.

 

[BrutalBear]

Isnt there currently a penalty of 6% for retiring before 30years and before age 60?

 

[UpstateNYUPSer(Ret)]

Isnt there currently a penalty of 6% for retiring before 30years and before age 60?

Depends on your plan.

In my plan, full retirement is 30/55. If you have the 30 but are not 55 you can choose to leave early (6% per year penalty) or you can freeze your pension and start collecting when you turn 55.

My problem is I have the age (56) but not the years (28). Leaving early is not an option (for me).

 

[Article 3]

You and every other friend/T driver.

Don't be trying to get around the TOS and use initials to describe drivers!

 

[Article 3]

They save a boat load of money by switching to Geico!

 

[BrutalBear]

What about getting them to lower that penalty? Anything 25-29 years 3% under 25 is 6%. I work with a few who are close to 25 or close to 30. I'm in central states btw.

 

[Catatonic]

What about getting them to lower that penalty? Anything 25-29 years 3% under 25 is 6%. I work with a few who are close to 25 or close to 30. I'm in central states btw.

That would increase UPS's future debt.
That is not going to happen.

 

[BrutalBear]

The difference between 1 year of pension at 25 years and 1 year of what I make currently is 9k. to me that's a good size difference.

 

[Article 3]

That would increase UPS's future debt.
That is not going to happen.

So is veteran drivers hanging around until 65 yrs old.

 

[Article 3]

Who wants UPS stock?

Part time supes.

 

[Catatonic]

So is veteran drivers hanging around until 65 yrs old.

Make them 'accrue' it.

 

[wide load]

Make them 'accrue' it.

Or "the funding has to be earned or reducing other compensation of equivalent value".
Or you can make stuff up as you go to try to prove yourself right. Management 101. Now change the subject or use deflection.

 

[Catatonic]

Or "the funding has to be earned or reducing other compensation of equivalent value".
Or you can make stuff up as you go to try to prove yourself right. Management 101. Now change the subject or use deflection.

Or use the definition of accrual ... I'm trying to respect you but it's hard.

Definition - Accrual Accrual - Wikipedia
Business world application - Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged. The term "accrual" refers to any individual entry recording revenue or expense in the absence of a cash transaction.

Contract language application - I'll leave that to you since that is your reality.

 

[LeadBelly]

. I'm trying to respect you but it's hard.

I'm not trying, and it's impossible...