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UPS Union Issues
question about pension contribution
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<blockquote data-quote="DELACROIX" data-source="post: 5885690" data-attributes="member: 49065"><p>Correct..it was a concession. Now let us give Sean a pass on this one he still has to contend with over 24 years of Hoffa's appeasements.</p><p></p><p>I argued over the last 4 Contracts about the pension inequality between the West and Central's pension benefits, the only way that Sean could of raised the Central's IBT/UPS Pension benefits was to agree on freezing any further monetary raises for the Western. The Company has ran roughshod over every pension plan that they have control over and the Union leadership bent over and took it.</p><p></p><p>Still a ton of money is going into the Western's <strong>(Monetary Contribution Plans)</strong>...you want to see injustice compare what the Peer 84 plan that covers their current part timers and any previous service time vested to those under the IBT/UPS and the UPS Pension Plan for all part time service or previous part time service..</p><p></p><p>The Central and Southern's service formulas are clearly spelled out in the Master under Article 34 (Part time pension plan).</p><p></p><p>Question: <strong>What would a (part timer) get if they retired (today) with 35 years in under the current (PEER 84) plan ?</strong></p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5885690, member: 49065"] Correct..it was a concession. Now let us give Sean a pass on this one he still has to contend with over 24 years of Hoffa's appeasements. I argued over the last 4 Contracts about the pension inequality between the West and Central's pension benefits, the only way that Sean could of raised the Central's IBT/UPS Pension benefits was to agree on freezing any further monetary raises for the Western. The Company has ran roughshod over every pension plan that they have control over and the Union leadership bent over and took it. Still a ton of money is going into the Western's [B](Monetary Contribution Plans)[/B]...you want to see injustice compare what the Peer 84 plan that covers their current part timers and any previous service time vested to those under the IBT/UPS and the UPS Pension Plan for all part time service or previous part time service.. The Central and Southern's service formulas are clearly spelled out in the Master under Article 34 (Part time pension plan). Question: [B]What would a (part timer) get if they retired (today) with 35 years in under the current (PEER 84) plan ?[/B] [/QUOTE]
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