Seems like a lot of the supplements read this way regarding dropping to $.50, is this where they’re getting the raise money?Upstate New York union "negotiators" always give the company what it wants.
Seems like a lot of the supplements read this way regarding dropping to $.50, is this where they’re getting the raise money?Upstate New York union "negotiators" always give the company what it wants.
To me this looks like they took money from the health care and the pension and used it for a raise in wages.
Looks like they added to the Central pensionUPS got to drop the H&W payments by $0.50, because that is all the plans need to continue our coverage. Does this mean that we should get that $0.50 added to our raises? Or did that $0.50 go to our raises?
It's all part of their total economic package. They saved $0.50 on "this" part of the contract. so maybe they added $0.50 to "this" other part of the contract. Who knows.
Looks like they added to the Central pension
Seems like a lot of the supplements read this way regarding dropping to $.50, is this where they’re getting the raise money?
I asked a questionMost are getting $7.50. Some are getting $9.00. Some are getting even more.
And you think this $0.50 is where they got the raise money?
Why not eliminate the premium retirees pay with that extra money?How are you kicking the can? I belong to Teamcare and not everyone does. They have gone from 16 months of reserves to over 30 months since we were moved from the company benefits to them. That includes a worldwide epidemic. Most healthcare plans have less than 12 months reserves. Seems to me that 30 is greater than 12? Therefore, the plan is healthier than ever before. They have increased benefits since I have been in them. They are a "not for profit" company so they have to give out additional benefit if they have extra or risk having IRS issues. Retired benefits were never guaranteed until we switched in 2014 and they only go until you reach Medicare age anyway. I can't understand the argument about worrying about what will happen in 5,10, 20 years when you have no control over it. If this is your position, please feel free to vote no. I hope the sky falls for you soon so you can be happy.
Or at least reduce them a little bitWhy not eliminate the premium retirees pay with that extra money?
Our negotiators put that in last contract. Obviously there is no 9.5 list for that. Obviously...Anyone else have 4-10 hour day work week written in their supplement, how’s that work? With 9.5 list and how do achieve route coverage.
Have they made any package routes into 4-10 hour days or is this just feeder language?Our negotiators put that in last contract. Obviously there is no 9.5 list for that. Obviously...
In our supplement it is for either. I've only seen feeder runs implemented so far. Probably wouldn't be feasible for delivery? Hard to say...Have they made any package routes into 4-10 hour days or is this just feeder language?
Or even better(NOT), they agree to pay a dollar "if needed" but keep the difference every year. In otherwords, 45 cents is needed and UPS gets to keep 55 cents because that's all they needed.Will not happen with the current projections.
Well, I guess anything can happen. So do you want UPS to pay $1/hr and have these plans flush with millions in extra cash?
The actuary's give UPS a number of what they need to maintain benefits. Yes, the sun may not rise tomorrow.
Because the Union can not mandate the operation of the pension and healthcare funds. The trustees of those funds, possibly Teamcare, would have to make those moves. I don't know if they can change it if it is in the contract as well.Why not eliminate the premium retirees pay with that extra money?
You are now a "they" instead of "he/she"So uh we got 7.50 over 5 years and ac in about 10 years. Or am I missing something?
Because the Union can not mandate the operation of the pension and healthcare funds. The trustees of those funds, possibly Teamcare, would have to make those moves. I don't know if they can change it if it is in the contract as well.
Good thing the Teamsters "control" the pension funds.Or even better(NOT), they agree to pay a dollar "if needed" but keep the difference every year. In otherwords, 45 cents is needed and UPS gets to keep 55 cents because that's all they needed.
They only control hslf. The employers have half the trusteesGood thing the Teamsters "control" the pension funds.
Lol.