Deferred pension payment 2023

Discussion in 'Holland' started by Roadway spy, Jun 13, 2018.

  1. Roadway spy

    Roadway spy Member

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    Yrc has deferred pension payment to 2023 so now Yrc employees will get the same pension benefits at 65 that other plan participants receives at 57 welcome to yellow freight.
    P.S.
    Dont get sick in your later years.
    The end
     
    wongway likes this.
  2. the5tolls

    the5tolls April 1, 2019.....paybacks are a bitch!

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    I think it's time to put some money in a 401k in the new contract!
     
  3. wongway

    wongway -15% Pay , Never forget

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    It's the Hoffa & union fault for why the fund is going broke ! Monthly Payout's should have been cut 20 years ago when all them carriers were going out of business !!
     
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  4. seabreeze

    seabreeze Not Well Known Member, 60 Year Teamster Member

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    "Well pray tell me who would have kept gas in my boat and kept Bud in my cooler?"
    "I couldn't pay my internet bill and pass all my wisdom along to you!"
     
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  5. falconfan

    falconfan Well-Known Member

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    You are exactly right but, he wouldn’t have been around for 20 years if he told members we were going to have to cut pensions in order to survive.

    The blabber mouth running against him would have been telling members “I’ll Make sure they will never cut your pensions” and blabber mouth would have been elected.

    Politicians have to tell people what they want to hear in order to stay in power.
     
  6. falconfan

    falconfan Well-Known Member

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    We will be thinking about you while we are living in a trailer park, sharing cable with our neighbor and drinking $2 bottles of wine.
     
    seabreeze likes this.
  7. rtm457

    rtm457 Active Member

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    SURELY YOU DON'T BELIEVE YRC WILL MAKE THOSE PAYMENTS IN 2023. AFTER 2019 I CAN ENVISION YRC NOT MAKING ANY PAYMENTS TO THE PENSION. ALSO EMPLOYEES WILL PAY A CONSIDERABLE SHARE OF THEIR INSURANCE. JUST AN OBSERVATION.
     
    skullcramp likes this.
  8. troubleman84

    troubleman84 Well-Known Member

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    That’s only if the membership allows it.
     
  9. Griz

    Griz Well-Known Member

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    Our local BA told us (667) that YRCW will start paying full rate in November.
     
    wongway likes this.
  10. Hoodock

    Hoodock Well-Known Member

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    Did he say what year??
     
  11. Griz

    Griz Well-Known Member

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    Om no he didn’t
     
    wongway likes this.
  12. Griz

    Griz Well-Known Member

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    I’m a sucker for good news.
     
  13. rtm457

    rtm457 Active Member

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    EXCUSE ME ARE YOU REFERRING TO THE SAME MEMBERS THAT ALLOWED YRC TO CUT OUR PAY BY 15%, STEAL A WEEK OF VACATION, AND QUIT PAYING INTO OUR PENSION? IF YOU ARE THEN I'M SURE THAT MY EARLIER POST ABOUT PAYING FOR YOUR OWN INSURANCE AND NO INCREASE IN PENSION WILL COME TRUE. YES MEMBERSHIP WILL ALLOW IT BECAUSE THERE ARE SEVERAL MEMBERS CLOSE TO RETIREMENT SO THEY WILL VOTE YES. THEN THERE ARE YOUNG MEMBERS THAT ARE MAKING MORE MONEY THAN THEY EVER HAVE. THEY WILL VOTE YES. SOME MEMBERS WILL NOT VOTE AT ALL. MIGHT AS WELL VOTE YES. FEWER AND FEWER MEMBERS REMAIN THAT HAD THE 15%. THEREFORE THAT LESS VOTES TOWARDS RECOVERING THE 15%. A FEW HARDLINERS WILL VOTE NO REGARDLESS. THEN THERE ARE THE WIVES THAT WILL SAY VOTE YES REGARDLESS. THEREFORE THE COMPANY WILL FEED YOU WHAT THEY WANT KNOWING THEY WILL GET THE YES VOTES THEY WANT. IN 40 YEARS IN THE TEAMSTERS I FOUND IT VERY DIFFICULT TO GET A MAJORITY TO STICK TOGETHER ON ANYTHING. EVEN THE 1994 STRIKE WE HAD GUYS READY TO CROSS THE LINE AND GO BACK TO WORK AFTER 3 WEEKS. 2019 IS A DIFFERENT ERA AND PEOPLE WILL NOT GO ON STRIKE AS IN THE PAST.
     
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  14. troubleman84

    troubleman84 Well-Known Member

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    I hope like hell your proven wrong. Sad to say your right damn smh.
     
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  15. vongrimmenstein

    vongrimmenstein Well-Known Member

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    You nailed it. That is exactly what ABF rank & file just did. Accepted the first offer, rolled over, grabbed the tube of KY jelly, & said insert here. Game over. von.
     
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  16. howlinwolf

    howlinwolf Active Member

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    I am within a couple years of retirement and my vote is no to concessions, always has been and always will be. Makes me mad to be stereo typed as a yes man because of my age. Not worried about finding employment with a 30 year safe driving record and no tickets. We at holland are now working for a paycheck just like any other job. Not like a couple more years is going to secure our future and who knows if I had to change I might get to work in the daylight. Maybe the city guys will roll over because they are afraid of the dark and if you look at the abf vote city vs road there might be something to that.......
     
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  17. skullcramp

    skullcramp Government Seal

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    Ohh the members will allow it jimmy will see to that
     
  18. skullcramp

    skullcramp Government Seal

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    No I don't think the city guys are going to roll over anymore than the road will. When it passes, (and it will thanks to jimmy
    and the all the halls realizing their jobs depend on it passing) It won't be a case of the rough tough road men having balls and the city boys wetting their panties and caving. I'm in the city (at this job) and I'm right there with you. Literally. I only have a couple
    of years left too, And I'm not caving either. Honestly, I'm figuring on being somewhere else this time next year. Hopefully enough of us vote with our feet. See how their driverless truck fleet works out. We've got a lot of them now even though they have people sitting in them
     
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  19. howlinwolf

    howlinwolf Active Member

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    It is not so much as the city guys soiling their panties as it is having the wives doing the voting and wearing the pants because they want the old man home daily. Also I should have made the point a road job can be replaced any day of the week. A good local job that pays anything is a bit harder to come by. Sorry I should have elaborated a bit more not trying to pick any fights here.
     
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  20. skullcramp

    skullcramp Government Seal

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    Nah don't worry about it, we're all in this together. You are right about the wives. Fortunately, it's
    only me and the missus. for the younger guys with kids it will be interesting. I'm sure the letters we start getting
    will be directed at the wives, telling them that we REALLY make 45.00 bucks an hour, if their hubby's vote no,
    company is done, etc. Gee honey, you better just take what they're offering.
     
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