nobodysboy
here to inform not to conform.
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one of my buddies said YRC took another pay cut. I said I didn't think so because I heard that this year yrc is supposed to start paying into the pension fund again. Is any of this true or no?
Yellow | Pay cut?
- Thread starter nobodysboy
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YRC has not taken another paycut, the doors would close if they came asking for more. As far as the pension they have been paying in at 25 percent in the central states and in the west they put 25 percent into a 401k.
mysticobra
Over Here Now.
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Something fishy here.... Or brewing something up......
Pay cut for one please. Ha.
I heard the only ones that are going to take another cut,are the ones working at terminals with poor lighting. They need the money to fix that issue.....Something fishy here.... Or brewing something up......
D
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None of it is true.
mysticobra
Over Here Now.
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We did. 10.bucks an hour. Lights are on order. Should be on a container from China as we speak.
clydesdale
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which is a better deal..25% in to the pension plan, or 25% in to a 401k???hmmm
If I decide to leave in 2019 then I can take all of that with me, whereas for everyone else it is just gone.
Well in the west we would rather have had that 25% going into our pension fund because our fund is strong, the fund would not accept a reduced payment.
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I am glad the WCTPP is doing well. I am glad it will be there when I retire. I am glad that presently, those contributions are now going into my 401-k. I am glad that I started contributing to it 20 years ago and that when I am dust in the wind, there will be something left for those remaining to enjoy.
Remember, one of the reasons WCTPP is solvent, is because they do not accept partial contributions.
And another (to their credit) is that they had the foresight to diversify into industries other than trucking.
Like the marble industry???
That's one industry that keeps rolling along.
Neither can I!
BTW, self titled Kansas is a long time favorite in my library, along side 'Song for America.'
nobodysboy
here to inform not to conform.
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there is absolutely no reason YRC isn't paying the full amount into the pension. I can see why so many are unhappy
vongrimmenstein
I stand for our flag, & kneel for the fallen
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Sorry, but yes there is a reason YRC is not paying full boat in to the pension. The current & former employees of YRC VOTED to take a cut in wages AND PENSION PAYMENTS by the company, so they could have the job they do today. Not all of them voted that way, but because of a lack of solidarity among the rank & file, there exists some unhappy campers. von.
