Teamster Buyout?

Thebrownblob

Well-Known Member
What would be (realistic) enough?
I have no idea what you consider realistic, but it would be unrealistic to think that someone like myself would take an offer for less than $350,000 I have the years of service. I don’t quite have the age. I don’t expect the offer to be that much so I really don’t care, there will be some people that take it but if they think they’re going to get feeder drivers to care about $100,000 I think they’re sadly mistaken.
 

AllTheBellsAndWhistles123

Well-Known Member
I have no idea what you consider realistic, but it would be unrealistic to think that someone like myself would take an offer for less than $350,000 I have the years of service. I don’t quite have the age. I don’t expect the offer to be that much so I really don’t care, there will be some people that take it but if they think they’re going to get feeder drivers to care about $100,000 I think they’re sadly mistaken.
I guess you missed the realistic part.

You said that you have the years of service but not the age. Take the buyout, freeze your pension, cut grass for a year or two and then start drawing.

$5K * 30 =$150K. Less 20% Federal and 10% state leaves $105K.

The primary issue would be the healthcare.
 

Thebrownblob

Well-Known Member
I guess you missed the realistic part.

You said that you have the years of service but not the age. Take the buyout, freeze your pension, cut grass for a year or two and then start drawing.

$5K * 30 =$150K. Less 20% Federal and 10% state leaves $105K.

The primary issue would be the healthcare.
Or I could just stay working because the job doesn’t bother me one bit? And make twice as much?


And the primary issue is the main issue…. healthcare

But thanks anyway Dave I don’t plan on being broke. I’m doing quite well now and I’m certain I’ll be just fine when I decide to retire.
 

Thebrownblob

Well-Known Member
There is more to life than money.
There’s more to life than me giving the best years when my kids were young to this company and then leaving without getting everything.

This job is a piece of cake now compared to when I was in my 20s. I feel bad for some of the 20-year-olds because I remember how it was. This job is way more mentally intensive than physical. We all get used to the physical. It’s not easy to sit and see that truck day after day when life is happening and you can’t do anything about it except try to get done ASAP.
 

badpal

Well-Known Member
Well this old guy has learned someone being here so many years. i aint going to nibble on the first offer. think i will wait for the offer after the LAST BEST and FINAL offer.
 

Thebrownblob

Well-Known Member
I know ot takes almost 3 months to get tour pension paperwork in order
Last guy that retired here about a month ago is still waiting for his first check it took them almost 4 1/2 months.

@AllTheBellsAndWhistles123 did the pension department hire a bunch of people to handle this supposed influx lol because it will be a year before people see a pension check if the amount of people take the buyout as you say
 
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