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UPS Union Issues
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 5578868" data-attributes="member: 12570"><p>The only way you are ever going to see a uniform pension throughout the company is if the company were to pay their withdrawal liability to pull their employees from each of the MEPP's (Multiple Employer Pension Plans), such as NYST and CSPF.</p><p></p><p>Many folks believe that 1997 was about part time jobs----it wasn't----UPS wanted the pension which, in hindsight, may have been a good thing given the recent $86B bailout of Teamster MEPP's. UPS retirees in NYST and WCPT enjoy the highest average pensions while those in CSPF receive a much lower average pension. To bring those more in line with one another simply to have uniformity would be unfair.</p><p></p><p>You will not see a strike authorization vote at any point throughout this process as the Company and Union will shake hands toward the end of June with a ratification vote to be held in mid July.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 5578868, member: 12570"] The only way you are ever going to see a uniform pension throughout the company is if the company were to pay their withdrawal liability to pull their employees from each of the MEPP's (Multiple Employer Pension Plans), such as NYST and CSPF. Many folks believe that 1997 was about part time jobs----it wasn't----UPS wanted the pension which, in hindsight, may have been a good thing given the recent $86B bailout of Teamster MEPP's. UPS retirees in NYST and WCPT enjoy the highest average pensions while those in CSPF receive a much lower average pension. To bring those more in line with one another simply to have uniformity would be unfair. You will not see a strike authorization vote at any point throughout this process as the Company and Union will shake hands toward the end of June with a ratification vote to be held in mid July. [/QUOTE]
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