What's new

Yellow | U.S. Treasury Dept. Investigation At Kansas City Terminal

cellblock309 said:
you can thank the IBT international and negotiating committees from along time ago till the present.......... they new over 30 years ago that every contract they negotiated that the increase to pension wouldn't cover the pension amounts 30 years ago but they keep uping the amount you would get for 30 years of service knowing dam well they couldn't pay it down the road.......all they where doing was helping them to keep there jobs so you would keep voting them in..........

.because any smart actuary could have projected 30 years ago that membership was in decline and every decade it would get even worse....if the IBT was smart they would have capped 30 years of service at 2000. 00 along time ago and then when they got the increase in pension payments from the employer they would have a lot more money in the account to pay out a lot longer then it is now and maybe did a cost of living increase possibly ....

less paying in and more taking out equals just like they have been saying for a long , long time social security would go broke under the same formula ............................. simple............ less paying in and more taking out equals disaster if not managed correctly from the amounts they pay out to retirees, the money given to way to many people to invest and illegal use of the money etc.

example some guys ran for office in 705 years back and they wanted to give 4000.oo for 30 years and free medical for life lol 705s fund which is theres only (not in central states fund)....... would be broke by now or very soon and no one would get a pension check or have insurance get my drift
Click to expand...


Too late now, but Trustees for the Central States Fund are to blame!
12 years ago, the CFPS, was possibly, the 2nd or 3rd largest fund in the USA!
More or less, BLAME, BLAME, BLAME, and pass the buck.
http://www.nytimes.com/2004/11/15/business/15teamster.html?pagewanted=print&position=&_r=0
http://edworkforce.house.gov/uploadedfiles/final_format_nyhan_testimony.pdf
http://www.chicagobusiness.com/arti...ers-woes-push-union-pension-plans-to-collapse
 
mud said:
I retired from Roadway Albuquerque in 2009. Went to a meeting about retiree health insurance yesterday at Teamsters Local 492 in Abq. Ran into an old friend from when the Roadway dock and relay were off of Eubank. Back to the days when the dock was a bunch of flatbed trailers chained together and George R. ran the relay.
Click to expand...
Did the trailers have a roof over them ?????
 
BIG R GUY said:
Did the trailers have a roof over them ?????
Click to expand...
Most of the dock was covered by a roof that leaked. Most of the city trailers leaked. The part of the dock that was uncovered was where the casuals would strip trailers in the rain. It was all done by seniority. I was a casual.
 
mud said:
Most of the dock was covered by a roof that leaked. Most of the city trailers leaked. The part of the dock that was uncovered was where the casuals would strip trailers in the rain. It was all done by seniority. I was a casual.
Click to expand...
I'm still a casual !!!!
 
albag said:
Where ya been? Anyway, good to see you posting!:1036316054:
Click to expand...

Thanks. As I age, I passionately assume wisdom shall control a greater percentage of my life.
When I allow myself to lash out in anger at a former and/or present Teamster member, because of a difference of opinion, growth is non-existent.
Which of course will mean, time to take a break, and focus on busting management's balls instead of TBoard members!
 
ESP said:
yes and only for 9 9 tee 9.:17113:
Click to expand...
I went from 12.00 an hour casual to 10.36 an hour full time at Preston. Those were the days. Good part was we were in a hiring spree so I got a bid a month in. Supervisor called me up to bid, said one left or 10%. I took the bid and he said ' You didn't look at it, it might be a bad one.' I told him ' I guarantee its bad- but its not on call....' ( we bid our 10%. Top 10% was a sweet drivers replacements for a week at a time gig!)
 
jimmy g said:
I went from 12.00 an hour casual to 10.36 an hour full time at Preston. Those were the days. Good part was we were in a hiring spree so I got a bid a month in. Supervisor called me up to bid, said one left or 10%. I took the bid and he said ' You didn't look at it, it might be a bad one.' I told him ' I guarantee its bad- but its not on call....' ( we bid our 10%. Top 10% was a sweet drivers replacements for a week at a time gig!)
Click to expand...

Full time 40 beats waitin' by the phone.

Not to mention starting the week on breakout and finishing it on O/B!! :9529:
 
sthomp2000 said:
U.S. Treasury Dept. Investigation At Kansas City Terminal over employees taking a tax write off for the 15% wage cut. Big fines and possibility of incarceration could be coming. One person in particular has been deemed as the ringleader and refused Treasury Dept. access to his home. Also, the IRS is getting involved in this same case with likely fines, penalties, and interest. This write-off is illegal folks. I know it's tax time and I'm sure this investigation is going to spread like wildfire throughout the country, please don't get caught up in it!
Click to expand...
UPDATE: YRC Teamster employee collected over $8000 in tax refund on 15% wage cut illegal writeoff, told to get tax attorney and could be up to two years for conclusion. How much is that in penalties, taxes, interest, and attorney fees? Your Screwed!
 
sthomp2000 said:
UPDATE: YRC Teamster employee collected over $8000 in tax refund on 15% wage cut illegal writeoff, told to get tax attorney and could be up to two years for conclusion. How much is that in penalties, taxes, interest, and attorney fees? Your Screwed!
Click to expand...
Tell him to call Elwood, and file an amended return !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
BIG R GUY said:
Tell him to call Elwood, and file an amended return !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Click to expand...
better-call-saul-premiere-date.jpg
 
You must log in or register to reply here.
Top