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UPS Union Issues
Union Politics - 804 members coming soon agitator 2
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<blockquote data-quote="Agitator2" data-source="post: 1138049" data-attributes="member: 29055"><p>The reason we have not seen the proposed contract is plain and simple, the pension increase can not be in it (in writing) unless UPS guarantees the funding, I said it before and ill say it again if wall street tanks again the trustees have to act in the best interest of the fund so if the money is not there they have to make tough decisions. So I think they jumped the gun because of inexperience and I don't think UPS will make that guarantee (maybe I'm wrong). Remember before the pension protection act the company was responsible for any unfunded liability. UPS lobbied congress hard to get the Republican backed PENSION PROTECTION ACT passed. But even it they do get it writing any contract that even mentions PART TIME PACKAGE CAR DRIVERS in any form is the beginning of the end. YOU MUST VOTE NO</p></blockquote><p></p>
[QUOTE="Agitator2, post: 1138049, member: 29055"] The reason we have not seen the proposed contract is plain and simple, the pension increase can not be in it (in writing) unless UPS guarantees the funding, I said it before and ill say it again if wall street tanks again the trustees have to act in the best interest of the fund so if the money is not there they have to make tough decisions. So I think they jumped the gun because of inexperience and I don't think UPS will make that guarantee (maybe I'm wrong). Remember before the pension protection act the company was responsible for any unfunded liability. UPS lobbied congress hard to get the Republican backed PENSION PROTECTION ACT passed. But even it they do get it writing any contract that even mentions PART TIME PACKAGE CAR DRIVERS in any form is the beginning of the end. YOU MUST VOTE NO [/QUOTE]
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