The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
- Thread starter Wally
- Start date
UnionStrong
Sorry, but I don’t care anymore.
Trucker Clock
Well-Known Member
Also, UPS wanted the pension. The Teamsters didn't want to give it up. So they came up with the 30 and out at $3K, knowing full well the pension could not afford it. But they kept the pension in the 1997 contract and would deal with problem down the road.
Over70irregs
Well-Known Member
Never give up the pension. Never…. Look at how the company did its own management team. Remember Overnite/Yellow freight.
Thebrownblob
Well-Known Member
We gave it up anyway in 2008.
Over70irregs
Well-Known Member
They knew what was up. Remember someone assured them they would pay out and makeup for shortfall. No one does this out of kindness. No one.We gave it up anyway in 2008.
Thebrownblob
Well-Known Member
I’m certainly knew of the short form, but you have to remember UPS is obligated by law to make up the short falls. Before the recent bail out UPS, unfunded liabilities were unbelievable.
Over70irregs
Well-Known Member
It’s a slow bleed. We just saw yellow. They kept moonwalking with them.
What'dyabringmetoday???
Well-Known Member
Exactly. UPS wouldn't "have" the pension. Pretty sure it's all negotiated and covered in the contract. Lol.We gave it up anyway in 2008.
Wally
BrownCafe Innovator & King of Puns
Anatomy of a sellout: UPS tentative agreement includes two-tier wages for part-timers, freezes to pension contributions for some
In the hours after the Teamsters announced its “historic” deal, UPS workers are uncovering massive betrayals in whatever information has been released so far.
www.wsws.org
But for other areas, the situation is even worse. Pension contributions in the Teamsters Western Conference will be frozen under the next five years. This has prompted outrage among drivers and other full-time workers. “This is simply the largest betrayal in the history of the [Western Conference]!” one worker wrote on a widely-used message board. “Those who are trustees need to resign immediately from the [pension fund] and should be totally and completely kicked out and brought up on charges for selling the members out.”
UnionStrong
Sorry, but I don’t care anymore.
Socialist propaganda
Anatomy of a sellout: UPS tentative agreement includes two-tier wages for part-timers, freezes to pension contributions for some
In the hours after the Teamsters announced its “historic” deal, UPS workers are uncovering massive betrayals in whatever information has been released so far.www.wsws.org
But for other areas, the situation is even worse. Pension contributions in the Teamsters Western Conference will be frozen under the next five years. This has prompted outrage among drivers and other full-time workers. “This is simply the largest betrayal in the history of the [Western Conference]!” one worker wrote on a widely-used message board. “Those who are trustees need to resign immediately from the [pension fund] and should be totally and completely kicked out and brought up on charges for selling the members out.”
Thebrownblob
Well-Known Member
@Wally I can understand your disappointment, but if you keep referencing world socialist Website, you’re doing yourself and your cause a disservice. Those guys don’t even wear deodorant.Anatomy of a sellout: UPS tentative agreement includes two-tier wages for part-timers, freezes to pension contributions for some
In the hours after the Teamsters announced its “historic” deal, UPS workers are uncovering massive betrayals in whatever information has been released so far.www.wsws.org
But for other areas, the situation is even worse. Pension contributions in the Teamsters Western Conference will be frozen under the next five years. This has prompted outrage among drivers and other full-time workers. “This is simply the largest betrayal in the history of the [Western Conference]!” one worker wrote on a widely-used message board. “Those who are trustees need to resign immediately from the [pension fund] and should be totally and completely kicked out and brought up on charges for selling the members out.”
MyTripisCut
Never bought my own handtruck
That’s not a frozen pension. They are still getting contributions, and should be able to continue to grow the value of their fund. And I’m laughing that you would use this Socialist source brother.Anatomy of a sellout: UPS tentative agreement includes two-tier wages for part-timers, freezes to pension contributions for some
In the hours after the Teamsters announced its “historic” deal, UPS workers are uncovering massive betrayals in whatever information has been released so far.www.wsws.org
But for other areas, the situation is even worse. Pension contributions in the Teamsters Western Conference will be frozen under the next five years. This has prompted outrage among drivers and other full-time workers. “This is simply the largest betrayal in the history of the [Western Conference]!” one worker wrote on a widely-used message board. “Those who are trustees need to resign immediately from the [pension fund] and should be totally and completely kicked out and brought up on charges for selling the members out.”
Trucker Clock
Well-Known Member
Anatomy of a sellout: UPS tentative agreement includes two-tier wages for part-timers, freezes to pension contributions for some
In the hours after the Teamsters announced its “historic” deal, UPS workers are uncovering massive betrayals in whatever information has been released so far.www.wsws.org
But for other areas, the situation is even worse. Pension contributions in the Teamsters Western Conference will be frozen under the next five years. This has prompted outrage among drivers and other full-time workers. “This is simply the largest betrayal in the history of the [Western Conference]!” one worker wrote on a widely-used message board. “Those who are trustees need to resign immediately from the [pension fund] and should be totally and completely kicked out and brought up on charges for selling the members out.”
OK. Now your finally starting to blame the correct people. This has nothing to do with the TA. If you feel that $1500/mo pension increase over the next 5 years sucks, than replace the board of the Western Pension Fund. But, damn, $1500/ mo over the next 5 years? They did their job. Once you get an accounting degree, a labor degree, and decide that the actuaries of the Western were wrong, shut up.
Be outraged all you want. The contributions were frozen, but the pension will still increase. Again, you are looking for any reason, even the slightest, to strike.
I got news for you. You will be on your own. I will not walk the line next to you.
UnionStrong
Sorry, but I don’t care anymore.
And the women don’t shave their legs or armpits. Real swine. Ugh.
MyTripisCut
Never bought my own handtruck
#subscribed
Wally
BrownCafe Innovator & King of Puns
So my only beef is with giving more to certain pension plans, less to others. Raw deal.
Thebrownblob
Well-Known Member
Will the west vote no on the national and supplement?
Wally
BrownCafe Innovator & King of Puns
Young guys just see the money, part time doesn't bother to vote so maybe it has no trouble passing. We keep having inflation and if health care costs shoot up these pensions might have funding problems.
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