Yellow | How many Driver's will move on now after these $$ cuts ?
- Thread starter wongway
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People around age 60,or above do not have much choice now .....Wonder how many Driver's will move on now with these last round of $$$ cuts ?? It's like really -15% pay and weeks vacation cuts and now more pension cuts , where or when does it ever end ??
highheadblues
TB Veteran
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Where you going to go? Ups is the only one with a better pension than ours. Check out all the nons pensions, it shouldn't take long, cause they don't have one.Wonder how many Driver's will move on now with these last round of $$$ cuts ?? It's like really -15% pay and weeks vacation cuts and now more pension cuts , where or when does it ever end ??
Stringbender
TB Lurker
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We're like Mayo in An Officer And A Gentleman, we have nowhere to go !!! .lol
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ABF is still paying full amount for their employees.
could be, I am not sure, I thought I saw something in the plan that changes things in the future for Active companies. Someone here will tell us. Plus the time you already spent in status, will greatly affect your future earnings mixed with the % you will be charged with what you have in the past before yesterday. Hard to explain, that is why 10 years as an Orphan, will really cut your 25 years with say ABF. It sucks, I know. Good Luck. All I am saying is LOOK BEFORE YOU LEAP. 409,000 people did not sleep well last night, the future is unknown.
True, but it builds back for ten years for those who are employeed by a company making full contributions as of 07/01 2016
I'm thinking the 5 yr rule you have to work at abf if you changed over isn't going to help,
1. 2009 - 2011 no money paid in by YRC and the 1/4 from then on.
2. 2019 I'm starting to get that gut feeling we (YRC) will be no more or non union with this mess going on gonna be 32,000 people with a agenda , with that said we will be orphans also with that said the yrs a person finished up with at ABF or UPS will not help
1. 2009 - 2011 no money paid in by YRC and the 1/4 from then on.
2. 2019 I'm starting to get that gut feeling we (YRC) will be no more or non union with this mess going on gonna be 32,000 people with a agenda , with that said we will be orphans also with that said the yrs a person finished up with at ABF or UPS will not help
Not doubting what your saying as to I don't understand this all to clearly yet but read tier 3 on. I'm seeing Ups retirees before 9/29/2007 getting cut, but also the active workers will they get cut on the yrs from 9/29/2007 and before?
We are all taking a cut, and I am at ABF, but my letter states as of 07/01/15, my pension will begin to build back up $1330.00 over ten years because ABF is making full contributions. I lost approx. $700.00 on mine also, but can only hope this will be the case.
Give it a rest! We did not vote in the last MOU! The head Me-ster in DC did.
so you are saying you had no vote in the last mou . is that selective memory ? i seem to remember a huge flip flop from no to yes. and i seem to remember all the rest of the yes vote . you remember ? live to fight another day ....? this wont affect our pensions because the union said so .
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OK broken record, one more time. If you think that many people flipped and flipped over language only, you are delussional. Hoffa wanted it passed to save face. He telegraphed the move when Hostess closed up and begged the Bakers Union to have a "secret ballot". Union hall vote?? Scrap pieces of paper for ballot??
The vote was a fraud. Ray Charles and Ronnie Milsap could see that.