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UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="tae111" data-source="post: 1075562" data-attributes="member: 5978"><p>Yea I know Ups had a tough year and the CEO took a pay cut Right.. It's not about what other plans cost. I went to work at UPS in 1976 because the pay and benifts were way above any other company. I'm not talking about just other delivery or trucking companies either. I do think $50. per month is sustainable. Yes it is expensive but just look at the raises and compensation the top management of this company got in the last few years. When I was a young driver the CEO made about 5 times what the average driver made. There are a lot of people at the top taking a pretty big bite of the pie and that seem to get larger every year. I'll trade 1 year of Scott Davis's compensation for my lifetime pension and benifits any day.</p></blockquote><p></p>
[QUOTE="tae111, post: 1075562, member: 5978"] Yea I know Ups had a tough year and the CEO took a pay cut Right.. It's not about what other plans cost. I went to work at UPS in 1976 because the pay and benifts were way above any other company. I'm not talking about just other delivery or trucking companies either. I do think $50. per month is sustainable. Yes it is expensive but just look at the raises and compensation the top management of this company got in the last few years. When I was a young driver the CEO made about 5 times what the average driver made. There are a lot of people at the top taking a pretty big bite of the pie and that seem to get larger every year. I'll trade 1 year of Scott Davis's compensation for my lifetime pension and benifits any day. [/QUOTE]
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