No my multiplier will be exactly what I've been getting.
That much I know
The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
- Thread starter Wally
- Start date
That much I know
UnionStrong
Sorry, but I don’t care anymore.
The teamster leadership had to know this issue was going to divide membership. I don’t get it. Certainly driving a wedge.
Trucker Clock
Well-Known Member
Nope. Every retiree gets the same pension. There should be one pension fund with the same amount per employee.
The Central is now the UPS/IBT pension fund. It is funded at 102%
There is no issue with investments. The fund should be able to pay the same as the West. It is starting to get there and has nothing to do with investments.
If we could get 5300 at age 55 at 30 years of service , there won't be one package car driver over 55 years old working here
Trucker Clock
Well-Known Member
Show me. Unless you’re already one of the ones making more retired than working, I don’t buy it.
Just A UPS Guy
Bully.
Who is making more in retirement?
Already went through this with the Union president he laid out all the numbers and told us exactly what we're going to get
Plus we have age penalties on some of those numbers and the younger guys are really going to be screwed.
A little extra contribution to our fund would add up over the years
@542 would....
UnionStrong
Sorry, but I don’t care anymore.
Not me
Far from it here.
If I work till age 65 I would have a halfway decent pension
I'm not going to do 45 years at this place
My name isn't @scratch
542thruNthru
Well-Known Member
I love the central region guys that think their opinion on the matter means anything to us. You got yours and more.
Wait till next contract when we all get nothing again so that the poor central region guys can get another bailout.
It'll be the same "we don't make as much as you! You guys don't need all that money!" I'll take a line out of the old timers book.
You don't like your pension then quit and go get hired in the western region. No one is forcing you to work in the Central region.
Wait till next contract when we all get nothing again so that the poor central region guys can get another bailout.
It'll be the same "we don't make as much as you! You guys don't need all that money!" I'll take a line out of the old timers book.
You don't like your pension then quit and go get hired in the western region. No one is forcing you to work in the Central region.
Johney
Pineapple King
What exactly do you consider a decent pension? I left at 56 with 33 full time years and I got $4000 a month. To me that’s decent.
Trucker Clock
Well-Known Member
So if you got, say $5000/mo now after 35 years, you would still only get $5000/mo after 35 years in 2028?
Trucker Clock
Well-Known Member
5k would be acceptable
It won't work till I was age 65 I'll probably be somewhere around 6500
But that's with almost 45 years.
Wally
BrownCafe Innovator & King of Puns
That's what our local did. Now we get penalized for having too much.
Getting some extra money in your paycheck is nice but a good majority of these guys would not put any of that into their 401k
Trucker Clock
Well-Known Member
I see. You want to retire after 30 years, at 55, and make the same amount that you made while working?
That’s not what a pension is for.
Just A UPS Guy
Bully.
I can assure you that he woldn't.
542thruNthru
Well-Known Member
I like how these guys make it sound like a bad thing that we want to continue to make increased contributions to our pensions. We should be happy with what we have in their opinion.
Like they've ever given anything up for another teamster. Most of these central supporters would step over a dying PTer to pick up a nickle for their wages.
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