Reply to thread

Message

<blockquote data-quote="OffRoutesPay" data-source="post: 1146138" data-attributes="member: 47531">IS THE PENSION INCREASE GUARANTEED?Yes. Local 804 won the biggest pension increases in the country with no wage diversion. These increases are guaranteed as long as the contract is ratified.UPS has committed in writing to raise the pension to $3,900 on Jan. 1, 2013 and to $4,000 on Aug. 1, 2017. This is for 30 &amp; Out and 25-at-age-55. The 25 &amp; Out will go up to $3,400 next January and $3,500 on Aug. 1, 2017.Pension increases are technically voted on by the Pension Fund trustees. That is why, Local 804 negotiated an unprecedented written agreement that spells out the legal intent of the company negotiators and commits the UPS Pension Trustee to support the pension increases after the contract is ratified.To be honest hoping you guys turn down the 804 supplement and watch you cry like babies when UPS takes the pension off the table.</blockquote>

[QUOTE="OffRoutesPay, post: 1146138, member: 47531"] IS THE PENSION INCREASE GUARANTEED? [B]Yes. Local 804 won the biggest pension increases in the country with no wage diversion. [COLOR=#FF0000]These increases are guaranteed as long as the contract is ratified. [/COLOR][/B] UPS has committed in writing to raise the pension to $3,900 on Jan. 1, 2013 and to $4,000 on Aug. 1, 2017. This is for 30 & Out and 25-at-age-55. The 25 & Out will go up to $3,400 next January and $3,500 on Aug. 1, 2017. Pension increases are technically voted on by the Pension Fund trustees. That is why, Local 804 negotiated an unprecedented written agreement that spells out the legal intent of the company negotiators and commits the UPS Pension Trustee to support the pension increases after the contract is ratified. To be honest hoping you guys turn down the 804 supplement and watch you cry like babies when UPS takes the pension off the table. [/QUOTE]

Verification