We had a V.P. of sales come in to give us a little Rah-Rah, and we asked him if it was true that ABF wanted to re-open the contract to adjust their vacation policy to facilitate new-hires getting vacation quicker than 8 years. He said it was, and that the proposal to the IBT was that employees with less than 5 years would revert back to the old vacation schedule. The IBT,.....to their credit,....told ABF that any change in the vacation policy would be either unilateral,....across the board,....or nothing,.....no re-opening of the contract. We also asked him if it was true that company demographics had decided that about half of ABF's work force was 55 to 60 years old. ....A slight gulp,.....some silence,....and then,...an admission that, yes, about half of ABF's work force was between 55 and 60 years old,..........or another way of putting it,....within 2 years of retirement. Certainly retirement before the next contract. All I can see,....and hear,....about the word on the street, and the new-hires we're getting, is that the only reason anyone's coming to ABF is the pension plans,.......either to get started in a defined-benefit plan,.....or to add to an already vested account with a plan. ABF upper management might want to re-think their idea of proposing a defined-contribution plan to ABF employees. New-hires are only coming because of defined-benefit plans,.....not wages,...there are some non-Union LTL's that pay more than us, and there are other industries that require a CDL that pay WAY more than ABF,......New-hires aren't coming because of working conditions,.....every carrier out there has started to coddle their existing drivers so they don't jump ship......Probably some new-hires are coming on because we,.....currently,.....don't pay anything for health care, as opposed to the non's charging their employees $50 to $100 a week to....."maintain"...a health care plan. So...........ABF upper management,.......you may want to strengthen your various benefit programs,....instead of trying to weasel out of them. Imagine if ABF would've adopted a defined-contribution 401(k) style of plan as was proposed during the 2008 contract talks. Sure, it would have saved ABF some money,.....but the non-Union LTL's are watching their employees jump from job to job,...because a 401(k) plan is portable......so there's no financial reason to stay at an underpaying carrier,...at least no pension reason. If ABF would have that style of "pension" program, now.......and their current vacation schedule,.....and their pay structure..(WE are HIGHLY UNDERPAID, Ms. McReynolds, Mr. Slagle......Enjoy your bonuses, by the way.......).......exactly WHAT would ABF have to offer any hot new-hire with a CDL HAZ-MAT D/T that a non-Union carrier couldn't match or beat? And,.......with no re-opener to re-adjust pay and vacation within the next two years,........just exactly HOW did you say you're going to replace about HALF of your work force? A "bonus" program, you say? No promise,....just the carrot on the stick,....way, way out in front of us?.......Yeah, I can see the new-hires flooding in there now...........hollering: "Bonus! Bonus!"