member6045
Well-Known Member
Howie Redmond knew by law there was to be absolutely no form of relationship with Ron Carey without risking Carey going to jail and possibly bankrupting his family. You fail to forget who Ron Carey appointed to lead local 804! Let you tell it? It should have been one of the present board members who worked for Ron previously!! It wasn't! It was Howie Redmond! Not Tim, Jim or Pete! Howie continued on the path as Ron with great benefits for the members and pension increases. Ups has wanted control over our pension since the beginning and where never able to get control of the fund. Ron never cared about funding levels because of one main reason! The unfunded liability always went against ups!! The company lobbied for reform after 97 strike. Ups was the frontrunner company to lead the way to lobby passage of the pension protection act. The pension protection act switched the responsibility to the plan participants! Us?? Which lead to reductions! Namely! The accrual rate which was restored! We all remember too! That president of 447 voted against our union proposals last time due to fear! But Howie got accrual rate restored even though we went through a recession and stock market crash! His investment met and beat expectations and had us going in the right direction. The current board has yet to yield a expectations on returns while company is putting more money in our fund to avoid paying fees for being under funded in fact this Eboard has mortgage our pension fund under the ERISA act. til god knows when! Kicked the can down the road for someone else to fix.
WOW what a bunch of BS , what a joke. The old board stayed away from Carey not to upset Hoffa, Howie wanted to be president of joint council 16 thats why he kissed Hoffa's @ss nothing more. Billy told me the reason they didn't go to Ronnie's funeral is because they knew Tim would us it agaisn't them come election time. Howards great benefits was to pay out of network claims thats why it when from 33 million down to 7 million. NO the pension protection act did not switch the responsibility to us that is a LIE. Another LIE the president of 447 voted agaisn't it because there wasn't enough money it was under funded Howard just wanted someone to blame. NO Howard fixed the accrual rate by getting UPS to give an extra $1.75 but it was a time bomb and he knew it, the $1.75 was only for the life of the contract why do you think he wanted to get rid of 25 and out, Howard tried twice to get rid of it. Our medical was in arbitration and he never told anyone was waiting till he get re-elected , Even his own lawyer told him the medical would go broke thats why he wanted to get rid of 25 and out. Howard investment did not meet expectations his own people said they lost 180 million do to bad investments. STOP with the BS
For you to talk like Howard was a good president is a total joke. He ran our finances into the ground only cared about getting re-elected.
The board and your conservative views are killing the union movement! You tend to believe that Howie spent too much money! Its the members money! Not the funds money! sometime you cant be at the right hospital for emergencies! But complain tomorrow about how many billion company has made?