Probably because they didn't need to.No.
They never even came to my barn.
Probably because they didn't need to.No.
They never even came to my barn.
I think we can agree these two plans are the exception. There would be a lot of voters of those underfunded plans that would consider a pension raise, instead of a general wage increase. I have a question on your 106% funded plan. Does the overfunded percentage come back to you on your pension statement. A possible accrual rate increase?My pension is 106% funded. Why would I want that. Western conference of teamsters is 90% funded.
Not that I know of. I think it will some day but as the baby boomers start to stress the fund I would thing it will go down to around 100%. You can never have enough money with the way things have changes after 9 11.I think we can agree these two plans are the exception. There would be a lot of voters of those underfunded plans that would consider a pension raise, instead of a general wage increase. I have a question on your 106% funded plan. Does the overfunded percentage come back to you on your pension statement. A possible accrual rate increase?
I was told any extra is the members money.Not that I know of. I think it will some day but as the baby boomers start to stress the fund I would thing it will go down to around 100%. You can never have enough money with the way things have changes after 9 11.
I'd like a fund that's always over 100% funded. Markets crash. I'd also like to be responsible monthly payments. People should be saving money in other ways.I was told any extra is the members money.
How does it end up being $.60 raise after a year?
The only reason the law demands funds be over 80% is in case an employer goes under. Then the plan has to have enough funds to pay out without the employer. I frankly dont see UPS folding any time soon.I was told any extra is the members money.
Do that for year 2, 3 and 4 with an $.80 raise for the whole year vs $.65 for all 3 of those years.....it only cost you $500 the first year but it makes you $300 extra a year for 24 yearsA split raise of $.80 works out to an effective raise of $.60 for that year.
Let's say you work 2000 hours.
You get a raise of $.40 for the first 1000 hours, which works out to $400.
You get an additional raise of $.40 for the second hours, which works out to $800.
$400 + $800 = $1200 $1200/2000 = $.60
$.65 * 2000 = $1300.
Wow, the arrogance of you Old Guardistas. Maybe the turnover rate is so high because the pay sucks for the amount of physical labor put in. Maybe they could make same money working in air conditioned Walmart. Maybe they feel unrepresented by an Old Guard "leadership" that ignores them, keeps them in the dark or looks down on them.
What about then next 15 to 20 years?A split raise of $.80 works out to an effective raise of $.60 for that year.
Let's say you work 2000 hours.
You get a raise of $.40 for the first 1000 hours, which works out to $400.
You get an additional raise of $.40 for the second hours, which works out to $800.
$400 + $800 = $1200 $1200/2000 = $.60
$.65 * 2000 = $1300.
You shop at Walmart don't you?Wow, the arrogance of you Old Guardistas. Maybe the turnover rate is so high because the pay sucks for the amount of physical labor put in. Maybe they could make same money working in air conditioned Walmart. Maybe they feel unrepresented by an Old Guard "leadership" that ignores them, keeps them in the dark or looks down on them.
Actually Kenny Hall came in with Sean O and worked it out. Tim came for the photo opt and get what food they had.It's not going to be Tim.
He (and I use that term loosely) barely kept his members in a job.
-Bug-
Good thing hall and o put the members first because if the situation was reversed I think we all know what Tim s would have done........left the drivers hanging for his political gain like he did with the maspeth 250........any good union president would have straighten it out before handActually Kenny Hall came in with Sean O and worked it out. Tim came for the photo opt and get what food they had.
He was trying to get his name in the news at his members expense.Good thing hall and o put the members first because if the situation was reversed I think we all know what Tim s would have done........left the drivers hanging for his political gain like he did with the maspeth 250........any good union president would have straighten it out before hand
"Working at ups", "being a UPSer" is a great thought until (as a pter) they are there for a month. Then they disappear.They aren't being forced to work there.
When they filled out an application.... they made a choice.
As, we all did.
-Bug-
"Working at ups", "being a UPSer" is a great thought until (as a pter) they are there for a month. Then they disappear.
Wonder why.
They (our PDS) said our turnover on preload is the highest in the district.It's the generation.
They were weaned on computers, the internet, and cell phones.
Work ethic (or work in general) is a foreign concept.
Their understanding of a job.... is getting paid.
(hip hop music will tell you that)
Look at Local 89.
One of their local contract proposals, was to allow part-timers to bring their phone to work.
It's hard to even fathom.... that kind of nonsense.
-Bug-
They (our PDS) said our turnover on preload is the highest in the district.
I presume that is per capita.
These folks come in to work with pretty good attitudes and then bail...many of which are frustrated.
Some of it may be a lack of work ethic but not all fit that catagory.
Some are desperate.
We're not metro. We're a small extended center.Any preload operation in a metropolitan area is the worst.
At a 24/7 building, the midnight shift is next. (especially around holidays)
The ones that want to be there, stick it out.
Excuses are easy.
No doubt.
Food and shelter can be a motivating factor.
Hence the reason....
Of having 50 yr old preloaders, and 74 yr old (I'm not kidding) Christmas help.
-Bug-
Call it what you want, but being asked to load 4 package cars, for $25 a day bring home, says it all.They (our PDS) said our turnover on preload is the highest in the district.
I presume that is per capita.
These folks come in to work with pretty good attitudes and then bail...many of which are frustrated.
Some of it may be a lack of work ethic but not all fit that catagory.
The work vs the compensation is very much suspect.
Some are desperate.