they are really slow and not hiring at very many terminals right now and they are getting the reduced pension also.
they are really slow and not hiring at very many terminals right now and they are getting the reduced pension also.
I was referring to parcel not freight. I believe parcel is 175/ mo.Its actually $105/yr per month. Some old timers that make over 75k will get the old overnite pension
Outside of those who used to be in the CSPF Parcel is still in the Teamsters' funds and I believe that they pay in more than those of us working in freight. They are all subject to the same multipliers that we are but since more money is contributed on their behalf they receive more.I was referring to parcel not freight. I believe parcel is 175/ mo.
I just told one of the new combo guys at our place he would be stepping into my 2000 Volvo in 5 more years when I get out of it!!!!At the soon to be accrual rate of .75% on the $70.00 per week YRC pays into the fund, a new hire will have a pension of $270.00 in 10 years....good luck on keeping those new hires that long.....just sayin'.....KK
They bought their way out of Cspf. If you start there today you'll be in ups own fund not Cspf. Of course you'll be starting over, but 1750 for 10 years ain't bad, neither is 875 for 5 years.Outside of those who used to be in the CSPF Parcel is still in the Teamsters' funds and I believe that they pay in more than those of us working in freight. They are all subject to the same multipliers that we are but since more money is contributed on their behalf they receive more.
I just told one of the new combo guys at our place he would be stepping into my 2000 Volvo in 5 more years when I get out of it!!!!
He should feel lucky. I started in a 1980 Brigadier without power steering or air. These new guys really got it made
They bought their way out of Cspf. If you start there today you'll be in ups own fund not Cspf. Of course you'll be starting over, but 1750 for 10 years ain't bad, neither is 875 for 5 years.
Oh and p.s. Utmost respect for mr. Kelder!The pension was a big part of the reason I went to work at Yrc. It's a miserable, unsafe, confrontational place to work. If the pension was strong I could have dealt with it. So , yeah, two years of my life was enough. I voted no both times with the last mou. To be honest even if the pension was strong I would never consider going back. I truly feel bad for those who have spent thirty years of their life under these conditions only to be in a helpless posistion at this point,a lot of very good men. Perfect driving record, hard working, competent, educated, experienced, reliable, couldn't dumb myself down anymore . I the only ones your left with are those who are too old to move on, fresh driving school grads and shiny wheels.
My buddies brother is a trainer there and talks a lot of positive things about Wally World, but I spent so many years in a sleeper that I just don't think I could go back to that this late in life. It also bothered me when he told me that even though I live just fifteen minutes from a distribution center he said they frown upon you going home when you have your ten hour break there. It is like what difference does it make to them if I am sitting in the truck on their property or run home to my own bed and kitchen and bathroom?