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<blockquote data-quote="Cezanne" data-source="post: 259761" data-attributes="member: 5104">Tie,&nbsp;You are under the assumption that every UPS union member will be voting on this new IBT/UPS pension plan and of course the withdraw from the Central States fund.&nbsp; Recently found out that only the teamsters in the Central States area will be able to vote on that issue.&nbsp; I believe that it will be under the (Central supplemental agreement ) the (Master contract lanuage) will be voted by the total UPS membership.&nbsp; I hope this clarifies your misunderstanding to whether anybody will be selling our Central States brothers and sisters out by voting &quot;NO&quot;.&nbsp; It will be ratified or not by the members affected.&nbsp;Also found out that in order to start this new pension plan it will take an additional 2 billion dollars to fully fund.&nbsp; This buyout and liability is in reality costing UPS over 8 billion dollars.&nbsp; How is this going to effect management&#039;s pension and perks will told on a later date.&nbsp; Just from seeing some of the&nbsp; flight from some of the management in our building I am guessing the cuts are happening and or will be in place soon.</blockquote>

[QUOTE="Cezanne, post: 259761, member: 5104"] Tie, You are under the assumption that every UPS union member will be voting on this new IBT/UPS pension plan and of course the withdraw from the Central States fund. Recently found out that only the teamsters in the Central States area will be able to vote on that issue. I believe that it will be under the (Central supplemental agreement ) the (Master contract lanuage) will be voted by the total UPS membership. I hope this clarifies your misunderstanding to whether anybody will be selling our Central States brothers and sisters out by voting "NO". It will be ratified or not by the members affected. Also found out that in order to start this new pension plan it will take an additional 2 billion dollars to fully fund. This buyout and liability is in reality costing UPS over 8 billion dollars. How is this going to effect management's pension and perks will told on a later date. Just from seeing some of the flight from some of the management in our building I am guessing the cuts are happening and or will be in place soon. [/QUOTE]

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