Teamster Buyout?

[burrheadd]

You can't draw pension until age 65 if you accept buyout

 

[burrheadd]

@burrheadd spends more than that per year on golf balls alone.

Did just buy a new set of irons

 

[burrheadd]

I did and they asked for my routing and bank account number.

Did I screw up?

Just talked to one of my boys he has 37 years in was retiring this year anyway his offer was $66k
He’s happier than a pig in

 

[nWo]

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That has to be misinformation. Our pension is already earned and not controlled by ups. It's a job buyout not a pension buyout.

 

[burrheadd]

The union has already spoken. It’s lllegal, illadvised and they are against it as UPS violated Article 6 of our contract. What that means is that any union members who go along with this are also in violation of the contract. That means that if and when things go south and they likely will then said union members will have no recourse with the union to protect them as they violated the contract equally as was already illadvised. If UPS really wants people to split and be honest about their intentions, they have to go through union negotiations as is historically done. We pay all these union dues every month. It’s like having a lawyer on retainer and never using said lawyer when you should. Make those dues work for you.

SOB wants you to file a grievance on the free $$$ that ups is handing
out
GTFOH

 

[burrheadd]

That has to be misinformation. Our pension is already earned and not controlled by ups. It's a job buyout not a pension buyout.

It’s amazing what idle minds can come up with

 

[Appvol]

1.5 million and I’ll go. Still have 10 years to go.

 

[Thebrownblob]

1.5 million and I’ll go. Still have 10 years to go

Better settle in

 

[Thebrownblob]

View attachment 526623

I don’t really know who these people are although I did read the story about this and I think it’s freaking hilarious. What a couple of idiots.

 

[brownman2075]

View attachment 526636
View attachment 526637
SOB wants you to file a grievance on the free $$$ that ups is handing
out
GTFOH

Well mister $66,600, I got just one thing to say and it’s true. Never make a deal with the devil. This devil holds all the cards and always wins against the individual. So never give the devil a ride.

 

[No1 Special]

Hopefully you got quad decade guys cart.

You are being quite obtuse.

 

[DELACROIX]

Well mister $66,600, I got just one thing to say and it’s true. Never make a deal with the devil. This devil holds all the cards and always wins against the individual. So never give the devil a ride.

Definitely up to something..speculating it has to do with eliminating or reducing monetary contributions in our pension plans. Throw everyone in a matched 401k after freezing our current vested benefits, you will still get all the vested time up till the time if they freeze them.

This so-called buy out has a purpose..get rid of the old timers, eliminate those low seniority drivers with over 5 years vested for peanuts. We know one thing they ain’t doing this out if concern for their employees.

They are just clearing the books before the hammer comes down similar to what they did with their low level management. How O’Brien tackles this will be interesting…they should have seen this coming decades ago.

 

[DELACROIX]

1.5 million and I’ll go. Still have 10 years to go.

Must be reading the executive compensation packages. Please remember you are only the “Help”…

 

[Pullman Brown]

Definitely up to something..speculating it has to do with eliminating or reducing monetary contributions in our pension plans. Throw everyone in a matched 401k after freezing our current vested benefits, you will still get all the vested time up till the time if they freeze them.

This so-called buy out has a purpose..get rid of the old timers, eliminate those low seniority drivers with over 5 years vested for peanuts. We know one thing they ain’t doing this out if concern for their employees.

They are just clearing the books before the hammer comes down similar to what they did with their low level management. How O’Brien tackles this will be interesting…they should have seen this coming decades ago.

This particular issue seems to be a stand alone decision. Knowing the slowness of the legal process and lack of quorum at the NLRB, the company’s legal team has counseled the inner ring to take the calculated risk/ de facto circumvention. All options on the table to fulfill her vision!


As far as the next contract, who knows a lot can happen from now until then, once the reconfiguration is complete 2027, she will be gone and a new CEO will take up the mantle but I agree with some on here that a union can remain faithful to its founding principles, even when modern pressures demand strategic flexibility and not become hidebound and it must or lose support from its members who see the obvious.

 

[Appvol]

Must be reading the executive compensation packages. Please remember you are only the “Help”…

If I got 10 years left and the value of insurance for the family it would take 1.5 million to retire early. The Company/Management forgets drivers are the reason they have a job.

 

[Wally]

If this goes through, it must not be a violation of the contract, correct?

Can't help but see this as a precedence moving forward. Future job cutting, building closures, pensions, benefits, etc, all open to reinterpretation.

A dangerous slippery slope.

 

[Thebrownblob]

If this goes through, it must not be a violation of the contract, correct?

Can't help but see this as a precedence moving forward. Future job cutting, building closures, pensions, benefits, etc, all open to reinterpretation.

A dangerous slippery slope.

The company violates the contract all the time and gets away with it. Sometimes because people don’t file grievances. Or they file them poorly. The company understands. The burden of proof is on us. Just because this goes through does not mean it’s not a violation. It just means we weren’t effective at stopping and proving it was a violation.

 

[Pullman Brown]

If this goes through, it must not be a violation of the contract, correct?

Can't help but see this as a precedence moving forward. Future job cutting, building closures, pensions, benefits, etc, all open to reinterpretation.

A dangerous slippery slope.

This would have to be adjudicated. It’s a smart calculation that the union isn’t going to be able to stop. You can’t have a emergency injunction.

 

[Pullman Brown]

The company violates the contract all the time and gets away with it. Sometimes because people don’t file grievances. Or they file them poorly. The company understands. The burden of proof is on us. Just because this goes through does not mean it’s not a violation. It just means we weren’t effective at stopping and proving it was a violation.

It’s more than that the legal process is so slow. Drivers will all be gone before/ if it’s adjudicated. UPS legal team knows what there doing.

 

[Thebrownblob]

It’s more than that the legal process is so slow. Drivers will all be gone before/ if it’s adjudicated. UPS legal team knows what there doing.

Yep, anything the union is currently doing will take months maybe years.