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<blockquote data-quote="AcesUp804" data-source="post: 1003603" data-attributes="member: 7626">New Contract Protects Members Pensions<img src="http://teamsterslocal804.org/sites/teamsterslocal804.org/files/imagecache/thumbnail_200x130/images/eppendorf_2.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Local 804 members at Eppendorf Services stuck together and won a strong contract that protects their pension.Members at Eppendorf Services, Inc. perform the skilled repair of medical laboratory equipment.When they entered contract talks, pensions were the number one issue. Members at Eppendorf are covered by a separate Pension Fund than members at UPS.“Our pension fund was in the Red Zone. There are more retirees taking benefits out than money going in. In negotiations, the union did everything to make sure our pensions are protected. Under the new contract, the company has to contribute a lot more on our behalf,” said shop steward Matt Classie.Members won a 34 percent increase in pension contributions from the company in the first year of their new contract, and a 24 percent increase in the second—enough to maintain members’ benefits.</blockquote>

[QUOTE="AcesUp804, post: 1003603, member: 7626"] [B]New Contract Protects Members Pensions[/B] [IMG]http://teamsterslocal804.org/sites/teamsterslocal804.org/files/imagecache/thumbnail_200x130/images/eppendorf_2.jpg[/IMG] Local 804 members at Eppendorf Services stuck together and won a strong contract that protects their pension. Members at Eppendorf Services, Inc. perform the skilled repair of medical laboratory equipment. When they entered contract talks, [COLOR=#FF0000]pensions were the number one issue.[/COLOR] Members at Eppendorf are covered by a separate Pension Fund than members at UPS. “Our pension fund was in the Red Zone. There are more retirees taking benefits out than money going in. In negotiations, the union did everything to make sure our pensions are protected. Under the new contract, the company has to contribute a lot more on our behalf,” said shop steward Matt Classie. [COLOR=#FF0000]Members won a 34 percent increase in pension contributions from the company in the first year of their new contract, and a 24 percent increase in the second—enough to maintain members’ benefits.[/COLOR] [/QUOTE]

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