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Brown Cafe UPS Forum
UPS Union Issues
Nys teamsters pension & retirement fund
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<blockquote data-quote="j13501" data-source="post: 3180289" data-attributes="member: 918"><p>As a former management employee, this entire thread make me sad. This pension plan was one of the strongest in the country in 1997, after the changes to pensions across the country, after the contract strike/resolution. Upstate NY teamsters got a pension increase after that contract, and apparently it continued in the years following.</p><p></p><p>It's very sad because the pension was in very poor shape in 1980, when the government started regulating the pension. During the next 20 years, it became very strong, insuring the future pension of UPS people. UPS teamsters are the hardest working people in the transportation business. They deserve a good pension. Now, years later, we're back to the problems of 1980. What happened in the last 17 years?</p></blockquote><p></p>
[QUOTE="j13501, post: 3180289, member: 918"] As a former management employee, this entire thread make me sad. This pension plan was one of the strongest in the country in 1997, after the changes to pensions across the country, after the contract strike/resolution. Upstate NY teamsters got a pension increase after that contract, and apparently it continued in the years following. It's very sad because the pension was in very poor shape in 1980, when the government started regulating the pension. During the next 20 years, it became very strong, insuring the future pension of UPS people. UPS teamsters are the hardest working people in the transportation business. They deserve a good pension. Now, years later, we're back to the problems of 1980. What happened in the last 17 years? [/QUOTE]
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