New Video! Contract Update! Tick Tock

Bubblehead

My Senior Picture
@PT Car Washer … I know you are under the Central and have over 35 years service as a Part Timer. All those years that you worked over 1,800 hours are still considered part time, you do not get any credit or monetary benefit once you hit that 35 year service level. The Company is not paying a dime into your pension plan once you hit that plateau.

I understand why you never signed for a full time position, once you win a full time bid under the IBT/UPS (Central and Southern) your part time years are frozen and you begin to start getting vesting credits under the IBT/UPS pension plan as a full timer. Sure those years as a part timer qualifies as a vested year, but your monetary benefit is adjusted according to each separate formula. The six percent penalty before age 65 is the killer, that applies to each pension plan you would be under.

Years ago we had a part timer retire with 20 years part time and 10 years full time and found out he would have been better off staying part time for 30 years. I believe he was under age 55,
Both his service times under both plans were reduced over 60 percent.

It will be interesting to see how this plays out with our negotiation committees.
I thought @PT Car Washer was in New England or the East?
 

Wally

BrownCafe Innovator & King of Puns
I thought @PT Car Washer was in New England or the East?
That's the summer beach house on Martha's Vineyard. Flies in on the weekends.

images
 
Last edited:

PT Car Washer

Well-Known Member
@PT Car Washer … I know you are under the Central and have over 35 years service as a Part Timer. All those years that you worked over 1,800 hours are still considered part time, you do not get any credit or monetary benefit once you hit that 35 year service level. The Company is not paying a dime into your pension plan once you hit that plateau.

I understand why you never signed for a full time position, once you win a full time bid under the IBT/UPS (Central and Southern) your part time years are frozen and you begin to start getting vesting credits under the IBT/UPS pension plan as a full timer. Sure those years as a part timer qualifies as a vested year, but your monetary benefit is adjusted according to each separate formula. The six percent penalty before age 65 is the killer, that applies to each pension plan you would be under.

Years ago we had a part timer retire with 20 years part time and 10 years full time and found out he would have been better off staying part time for 30 years. I believe he was under age 55,
Both his service times under both plans were reduced over 60 percent.

It will be interesting to see how this plays out with our negotiation committees.
After the age of 40 to 45 it would be very difficult to earn a 25 year FT pension. I recognized that and just decided to use my PT seniority for my own benefit like anyone else would. It has worked out well for me and my family. Sorry of this upsets the other PT air drivers with 4 years or 10 years or 15 years. They should have signed one of the dozens of 22.3 jobs that have been bid recently.
 

Lineandinitial

Legio patria nostra
After the age of 40 to 45 it would be very difficult to earn a 25 year FT pension. I recognized that and just decided to use my PT seniority for my own benefit like anyone else would. It has worked out well for me and my family. Sorry of this upsets the other PT air drivers with 4 years or 10 years or 15 years. They should have signed one of the dozens of 22.3 jobs that have been bid recently.
What would make it "hard"? Don't you age at the same rate as you did between 20 and 25?
 

PT Car Washer

Well-Known Member
What would make it "hard"? Don't you age at the same rate as you did between 20 and 25?
No. Most delivery drivers by the time they are 40 to 50 have there own route and enough experience to be able to pace themselves. After 50 some are moving up into Feeders with a lighter work load or getting close to retirement. Not just starting out. Of course some start at a later age but the prospect of running a 220 stop resi route when they are 60 years old is not very appealing. Most will be injured out long before.
 

Thebrownblob

Well-Known Member
Most of the guys I started with and are not retired are working in Feeders making big bucks. I don't think I could get used to working nights.
Well, I have no idea what kind of feeder department you have but with the kind of seniority you have, you wouldn’t have been working nights for very long
 
Top