Pension change rumor

[Indecisi0n]

But think about all that extra lube your u could buy.

Evolution, my body is almost self lubricating at this point.

 

[IVE GOTTA PACKAGE 4U]

25 and running out the door. friend that extra couple dollars!

What about the cost of health insurance?

 

[Brownslave688]

And offer the PTers and young FTers a Dollar raise and it will be a done deal. Nobody under 40 believes the money for a pension or Social Security will be there.

Exactly. The government and the union are stealing money that belongs in my pocket is all that's happening.

Well stealing it then giving it to others that weren't smart enough to plan for their own retirement.

 

[Brownslave688]

I just want 30 and out any age. Brought back. Not a reduced pension if your not 55. 30 is enough

That's a quick way to bankrupt the pensions.

 

[Indecisi0n]

What about the cost of health insurance?

Ill get a part time job that has benefits somewhere else.

 

[PT Car Washer]

Ill get a part time job that has benefits somewhere else.

PT package handler?

 

[Indecisi0n]

PT package handler?

No more overweight. Body just can't handle them like my college days.

 

[rod]

25 and running out the door. friend that extra couple dollars!

You will change your mind--------they all do when they get to that point.

 

[Indecisi0n]

You will change your mind--------they all do when they get to that point.

I could see that happening for only one reason: Knowing that I could happily leave at anytime I would become the biggest pain in the ass to all management. LOL.

 

[bottomups]

We have had 25 and out in my local since at least 1985. I know of just one person who has taken advantage of that benefit.

 

[O/C]

The pension plans are still negotiated in the contracts. If UPS wants to offset our pension by what we receive in Social Security, the union would have to agree to it.
Would it be possible for the pension trustees to bypass contract language and make this offset? Anyway I predict more bad news next contract for those wishing for a decent retirement.
This would be a strike issue.

Sent using BrownCafe App

 

[Dr.Brownz]

We may be about the same age. I believed all that stuff also. I was never as negative as the young people are now. I have a 20 year old package handler son with 6 months seniority.

When I was 20 I handled my package daily, sometimes 2 or 3 times

 

[3 done 3 to go]

25 and running out the door. friend that extra couple dollars!

I thought the same thing till I got my print out. At 51 it was 4100 at 55 its 5500. 1400 dollars highway robbery. For following the rules. Every turn is a promotion demotion. Working for this place

 

[3 done 3 to go]

That's a quick way to bankrupt the pensions.

Only because a cheap as hell company is giving money to an even more corrupt union. We will all see the next contract. Ups will call on the unions bluff. Believe it.

 

[Inthegame]

Only because a cheap as hell company is giving money to an even more corrupt union. We will all see the next contract. Ups will call on the unions bluff. Believe it.

$66000 a year pension at 55 and you're bitching about an even more corrupt union? What are you smoking?

 

[3 done 3 to go]

If that does happen. You will see any one with 30 yrs leave before August.
That way the union and ups gets what they want. To get rid of senior drivers for ups. For the union to drop top end pay outs. Under the reduced pension deal. Which I feel is illegal.

 

[3 done 3 to go]

$66000 a year pension at 55 and you're bitching about an even more corrupt union? What are you smoking?

Only hitching about what we've lost. No reason for it. Also retirees. It's. Ok you will be in my seat someday

 

[Inthegame]

Only hitching about what we've lost. No reason for it. Also retirees. It's. Ok you will be in my seat someday

If I had a $5500 pension at 55, I'd be retired years ago.

That way the union and ups gets what they want. To get rid of senior drivers for ups. For the union to drop top end pay outs. Under the reduced pension deal. Which I feel is illegal.

Once again, the "union" doesn't pay out pensions, the Pension Trust Fund does. Not connected with the union treasury in any way (regardless of FOX News lies).
The union treasury does take a hit when a top rate ($34+)dues payer retires and gets replaced with a $18.75 progression new hire. So there is no incentive for early retirees from a union treasury standpoint.

 

[ski or die]

But, all the part time college students that put 4 years in and move on. The union is doing pretty good collecting their pension that will not be paid out. One reason the union loves part timers.

 

[PT Car Washer]

But, all the part time college students that put 4 years in and move on. The union is doing pretty good collecting their pension that will not be paid out. One reason the union loves part timers.

My PT pension will come from the company. One reason the company loves part timers.