Bad Gas!
Well-Known Member
I like the word hence.
He plays outfield for the S.friend.Giants..
I like the word hence.
I am a 23 year veteran who is simply expressing his opinion on what I think UPS needs to do to remain competitive with FedEx Ground. Agree/disagree---I don't really care. The numbers I threw out there were off the top of my head and perhaps are on the low side but the principle remains the same----lower starting rate, longer progression, lower top out. I think we can all agree that something needs to be done to address the wage disparity that exists between the two companies and we certainly know that Fred is not going to raise the ante.I think the 2 tier is a reach. But agreeing to a lower starting rate and a longer progression that is currently in place is quite likely. Especially the progression.
Hourly raise? Who knows. It won't be much. Almost all the money the union does get out of UPS will go to health care and the pension.
In other words, directly into the Teamsters pockets. I don't see a strike happening ever again. You need public sympathy for a strike to work.
Who's going to feel sorry for a bunch of guys making 30.00 an hour in this economy.
Screwed it up again. Stinkin computers.
Heard a rumor that 2 tier pay is an option. Anyone working at UPS at time of contract would be grandfathered in. Makes sense as it would be a bit unfair for someone to start working part time now, under the impression that when they go driving they will be making the same as other drivers once threw progression.
Just a rumor that I would take with a grain of salt.
I am a 23 year veteran who is simply expressing his opinion on what I think UPS needs to do to remain competitive with FedEx Ground. Agree/disagree---I don't really care. The numbers I threw out there were off the top of my head and perhaps are on the low side but the principle remains the same----lower starting rate, longer progression, lower top out. I think we can all agree that something needs to be done to address the wage disparity that exists between the two companies and we certainly know that Fred is not going to raise the ante.
Tooner related how the GM workers in her town went from $30/hr and a pension to $12/hr with no pension.
Well, who controls the Pension and H&W trust funds? I believe that would be the Teamsters. You have full faith that the Teamsters would never everSeems to be a recurring and inaccurate theme here. If H&W and Pension gets increased, no money goes in the Teamsters pockets. Wage increases lead to per capita (dues) increases to the IBT and local unions. Your Pension and H&W increases go to those specific trust funds, not union treasuries. Odd that an old ups man doesn't know that.
FED EX is starting to run into problems there Express business is really taking a beating. I would bet in the coming years you will see a consolidation of divisions which would change what Labor Act they fall under and make it easier for areas to unionize. Instead of a country wide vote they could unionize locally...
As far as GM the people in the front office of GM still are making millions and they now have profit sharing with the union members each union member got a $7000 check in march...
I think you should also admit to knowing nothing about multi employer pension plans. Trust Funds are "controlled" by equal number of employer and employee (union) trustees. The E-board that you elect selects the employee trustees. You have no control over who the employers put on those boards. If the Teamsters had an opportunity to misuse pension funds it would be with the approval of the trustees, including at least one employer trustee. These trustees also have personal liability for intentional misuse of funds. Do you really think with that on the table there is intentional misuse? Thanks for the offer of the swampland.Well, who controls the Pension and H&W trust funds? I believe that would be the Teamsters. You have full faith that the Teamsters would never ever
misuse those funds? I've got some swampland in Florida for ya. I will admit to knowing
nothing about the H&W fund. I have been with UPS for my health care since the strike of 1976.
Yes I certainly believe there is still potential for intentional misuse. You don't think the Teamsters and UPS would make a move with that money that benefits them and not you? Or any other employer?I think you should also admit to knowing nothing about multi employer pension plans. Trust Funds are "controlled" by equal number of employer and employee (union) trustees. The E-board that you elect selects the employee trustees. You have no control over who the employers put on those boards. If the Teamsters had an opportunity to misuse pension funds it would be with the approval of the trustees, including at least one employer trustee. These trustees also have personal liability for intentional misuse of funds. Do you really think with that on the table there is intentional misuse? Thanks for the offer of the swampland.
but then again... I've always heard
I'll start out by rejecting the flawed premise of "there's always the temptation for the union to approach one of the smaller contributing employers with a side deal for purposes getting things to go in its direction". If that temptation does exist, it exists for both sides, more likely for the wealthier, employer side.Intehgame;
Yes, but the fact remains that one entity - the union - appoints a full HALF of the trustees, while ALL the employers contribute the rest. And those multiple employers often have vastly different interests. Of course, when one employer is by far the largest contributor to the plan, there's always the temptation for the union to approach one of the smaller contributing employers with a side deal for purposes getting things to go in its direction. Now I'm not saying it happens that often, but then again I've always heard that the possibility was one reason why UPS, in years past, refused to place ANY representative trustee on boards like Central States; i.e. - they wanted to to make it very clear that that the decisions of the board weren't necessarily decisions the company agreed with at all.
Even today, it just takes one employer trustee on the multi-employer boards to swing action toward the union's side...and it's quite possible that such an employer trustee may represent an employer that has but a minute fraction of the interest in the trust as a firm like UPS might have.
Show me some proven instances of intentional misuse by the Teamsters and UPS acting in collusion to benefit themselves at the expense of participants.Yes I certainly believe there is still potential for intentional misuse. You don't think the Teamsters and UPS would make a move with that money that benefits them and not you? Or any other employer?
Is your pension plan fully funded? I'll bet it's not. Poor decisions by the board? Who's checking on the board's decisions?
Do I think there has been intentional misuse? Hell yes. Otherwise we all be getting 6000.00 a month pension.
Inthegame;
Regarding your claim of....
"If a union trustee approached an employer trustee to make a "side deal" as you suggest, a very unpleasant future could result for both"
...is that the "unpleasant future" YRCW has encountered, especially vis-a'-vis ABF and it current controversy with the Teamsters and their multi-employer pension trusts? You sure about that, are ya'?
As for your claim that....
"The one entity that appoints "half" of the trustees, represents "all" of the participants. So with that math the union is getting shorted on trust fund boards."
...just where did you come up with THAT particular little formula? The fact is, the union represents only the side of BENEFICIARIES (past, present, and future)...and truthfully "represents" only those beneficiaries who are direct members of the union (non-union beneficiaries effectively don't have a vote or a say except through their EMPLOYERS representation). And, since those union representative don't represent any CONTRIBUTING entity whatsoever, I'm hard pressed to see how they're being "short-changed". In fact, from a logical viewpoint, I think one could make a good argument that they shouldn't be given any "change" at all. They're not representing any entity that's making a contribution. And, as has been seen with Central States and the active UPS participants, apparently they weren't really representing the plan beneficiaries either. In fact, it appears that they were intent on screwing them over; if they weren't, surely they would have gone along much earlier with a plan that worked to preserve those UPSers pensions to the extent of contribution deposited in THEIR name.
Then there's your argument about....
"this in theory keeps everyone honest as your scenario played out (where an employer trustee would side with the union) would increase the obligation of that trustees employer, which is completely counter intuitive even without the personal liability issue."
...perhaps it's supposed to work that way "in theory", but in actual practice, there's a HUGE incentive for the smaller contributing and less viable employers to try to put the brakes to the legitimate aspirations of larger and more viable ones. Look at the '97 situation, in which UPS wanted to withdraw and pay the then-current withdrawal fee...only to find that it was pocked-up by the union and a minority representation of employer trustees. Why? Because those employers didn't want to be left holding the bag, and couldn't make the existing withdrawal fee on their own. Meanwhile, how do you account for the interests of trustees originally appointed in the context of contributing employers, which subsequently went out of business? Finally - and again - HALF the trustees represent the interests of ONE entity, while the remaining half represent the DIVERGENT interests of MULTIPLE entities...many of which have NO representation on the board at all!
In truth, I don't know the current intentions of UPS trustees currently on the board, BEYOND WHAT IS A MATTER OF PUBLIC RECORD! And, saying that, it's a matter of public record that UPS did NOT (by way of example) have a trustee on the CSPF board for quite a number of years. Not one. And it was common knowledge (and widely spoken of) throughout the company at the time as to why they didn't as well.
Granted, I'm not a big believer in their being CURRENT trust hokey-pokey (although the history of the Teamsters more than demonstrates that such wasn't always the case), and I'm well aware that the current pathetic situation of several of the trusts has more to do with the unions themselves, and their inability to neither (1) maintain the viability of existing contributing employers, and (2) organize new ones. Perhaps the restructuring of the trusts ala' what's going on with New England now will change things...but I'm not hopeful.