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<blockquote data-quote="87brown" data-source="post: 2550256" data-attributes="member: 65922"><p>Curious to see what most people feel out there about the upcoming contract for me it's definitely retirement unfortunately being in the central states pension fund the Teamsters let us down and current retirees and pension funds will go belly up in seven years leaving retirees with nothing and those of us getting ready to retire have an a portion of their retirement taking away also I truly believe those retirees will lose out UPS will not give the shortfall with this new upcoming contract that's my personal opinion and that's sad but we must change with the current times keep in mind I know some people will say we are screwing fellow Teamsters but if we really are true Teamsters shouldn't we all be in a pension fund together we all take a little bit of a loss I would be willing to lose 100 or $200 a month for my pension if everybody who was a teamster did and nobody would lose their pension entirely but that will never happen I had said earlier the tiered system the new drivers will never see the current rate of pay that we make and a 401(k) match there will be no more UPS retirement I know some of you may feel as though that is screwing other upcoming UPSers but we must be proactive as the future of this company and not stick our heads in the sand I know everyone feels though UPS makes billions of dollars in which they do but they do it from separate entities please understand that yes the money originally came from UPS but as times have changed the profitability and just package delivery has decreased For UPS understanding that our wages Health and welfare have skyrocketed and other carriers not anywhere as close so yes those changes need to take place in order for us to be competitive and save the current retirement of those already working what might be your thoughts</p></blockquote><p></p>
[QUOTE="87brown, post: 2550256, member: 65922"] Curious to see what most people feel out there about the upcoming contract for me it's definitely retirement unfortunately being in the central states pension fund the Teamsters let us down and current retirees and pension funds will go belly up in seven years leaving retirees with nothing and those of us getting ready to retire have an a portion of their retirement taking away also I truly believe those retirees will lose out UPS will not give the shortfall with this new upcoming contract that's my personal opinion and that's sad but we must change with the current times keep in mind I know some people will say we are screwing fellow Teamsters but if we really are true Teamsters shouldn't we all be in a pension fund together we all take a little bit of a loss I would be willing to lose 100 or $200 a month for my pension if everybody who was a teamster did and nobody would lose their pension entirely but that will never happen I had said earlier the tiered system the new drivers will never see the current rate of pay that we make and a 401(k) match there will be no more UPS retirement I know some of you may feel as though that is screwing other upcoming UPSers but we must be proactive as the future of this company and not stick our heads in the sand I know everyone feels though UPS makes billions of dollars in which they do but they do it from separate entities please understand that yes the money originally came from UPS but as times have changed the profitability and just package delivery has decreased For UPS understanding that our wages Health and welfare have skyrocketed and other carriers not anywhere as close so yes those changes need to take place in order for us to be competitive and save the current retirement of those already working what might be your thoughts [/QUOTE]
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