XPO | One out of three won

None of the terminals are represented by Central States. Simply because they are non union at the moment. Central States is the largest holder of pension plans for various unions. If and when an agreement is reached, where the pension rests will be determind through contract negotiations. The info was provided to show the instability of pensions as a whole in today's business climate. Count on nobody but yourself to provide for your retirement. No union or company will ever have your best intrest as well as you can.
Are the pension plans in the west and the south stable? Is it mandatory that a company's employees join a pension?
 
Instigator is just another hater. U might like it the way is or haven't been here long enough to remember how it was. A lot has changed not for the better. U think Conway really cares about u? If so. Wow
 
This is what your precious union can promise you! This is why the Union is so desperate to siphon Conway employees into this sinking ship!

The Central States plan, for example, pays $2.8 billion a year to retirees but takes in only about $700 million from employers. It must rely on investment returns to keep from exhausting its assets, but Thomas C. Nyhan, director of the pension plan, said it would take returns of at least 12 percent a year, every year, to come out even, and that is not realistic. Its modeling suggests it will run out of money in 10 to 15 years — most likely around 2026, if nothing is done.
We need a IP address checked, this sound like someone who is not with us going under a new name....can it be?
 
None of the terminals are represented by Central States. Simply because they are non union at the moment. Central States is the largest holder of pension plans for various unions. If and when an agreement is reached, where the pension rests will be determind through contract negotiations. The info was provided to show the instability of pensions as a whole in today's business climate. Count on nobody but yourself to provide for your retirement. No union or company will ever have your best intrest as well as you can.


I can see mandarory pensions ala Obamacare with your philosophy.
Expecting too much from 401k which was intended to supliment pensions....or in a darker more matket oriented view with future retirees living on the street.
Im not saying FEDEX OR CONWAY will be in pensions like ours(NMFA) because that aint happening anywhere ive read....but expecting the majority of the people who make up labor to play finance for retirement is gonna be ugly.
 
I'm set at 62 to retire.....I have a big IRA and a lot invested in mutual funds and that's not counting what I have saved and put back in the safe deposit box....The thing with a pension is that when you die it stops.... With my IRA my children can reap the reward of all my years of hard work....They get that.... Everything I own is paid for.....And the Social Security I draw at 62 I will just put aside.....My wife will cover me on Healthcare until I'm eligible for Medicare......Most live beyond their means with fancy cars and big houses.....I don't need those status symbols.... I need to be debt free....I am....And that's why I can retire early....I would suggest you young guys get a financial planner if your not able to get it done yourself.
 
I'm trying to understand this. This is a legitimate question coming from an area with no real union activity; how can one barn succeed when they are an island? How can they expect to get support from other terminals? If all three barns voted to certify, that would be different, larger coverage, more solidarity.

Second question; I have seen it posted where the company cannot route freight around terminals. What's stopping them from saying its for the betterment of their business? Can they not change the linehaul routing? How do you prove that's illegal?

They can not change anything. Rerouting freight or runs would be covered under this. The terminal can not be closed. No one can get a decrease or increase in benefits. You are basically locked in until a contract is negotiated. If they try to change anything the union will step in.
 
cmcsmor. Your great ideal of everybody for themselvess masquereding as some kind of freedom and liberty ideal is what brought you the dictator type socialist forcing of healthcare...and it will bring it for retirement plans too.

For what?

To keep down the unions. To keep the workers divided so the corporations and the few who have most say cause need for the mandates and reap the rewards when we're forced to pay.

Unioñs had their own pensions and healthcare plans and it seems the brainwashers dont like that. Above that we also had politicians who actually served us for campain contributions.
The more we're weakened the more mandates you'll see.....$15/ hr. Minimum wage.


And if ya don't have unions which are effective and ya don't have mandates or socialism....you'll have a third world type country where life is second to money and needs aint met...Third world is what the unions warned of years ago...then ya don't have a country worth dying for.


The thing this country needs most right now is increased union numbers. And its right in Fedex and Conways lap right now.
 
That's great for you and maybe others of us rt but the majority aint gonna do it. They cant afford it and will not do it. I see mandate or 3rd world unless unions make a comeback.
 
I'm set at 62 to retire.....I have a big IRA and a lot invested in mutual funds and that's not counting what I have saved and put back in the safe deposit box....The thing with a pension is that when you die it stops.... With my IRA my children can reap the reward of all my years of hard work....They get that.... Everything I own is paid for.....And the Social Security I draw at 62 I will just put aside.....My wife will cover me on Healthcare until I'm eligible for Medicare......Most live beyond their means with fancy cars and big houses.....I don't need those status symbols.... I need to be debt free....I am....And that's why I can retire early....I would suggest you young guys get a financial planner if your not able to get it done yourself.
I will retire early and do my side business to stay busy....I will work because I want to....Not because I have to.....All those years listening to Dave Ramsey and reading his books have really paid off.
 
That's great for you and maybe others of us rt but the majority aint gonna do it. They cant afford it and will not do it. I see mandate or 3rd world unless unions make a comeback.
It takes sacrifice.....We all can do it.....We determine our own destiny with the choices we make.
 
That's great for you and maybe others of us rt but the majority aint gonna do it. They cant afford it and will not do it. I see mandate or 3rd world unless unions make a comeback.
I agree with this post.....For what its worth..... But this country boy will survive......Hank Jr.
 
Sorry but I would rather enjoy my early life in a big house, with nice cars and great vacations. You will never know how long you live, why not have a pension or great retirement plan, where the company puts in a fair share so you can enjoy your whole life, not just later years
 
Sorry but I would rather enjoy my early life in a big house, with nice cars and great vacations. You will never know how long you live, why not have a pension or great retirement plan, where the company puts in a far share so you can enjoy your whole life, not just later years
Its a personal choice...do your thing.
 
I will close tonight with my favorite quote....If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music he hears, however measured or far away....Henry David Thoreau.
 
It should be only appropriate to give a shout out to the 'yes' voters of these other two terminals that fell short on the vote ... Good job guys , your support for a contract is appreciated and we will eventually prevail !
 
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