UPS to Freeze Pension Plans for Nonunion Staffers

Discussion in 'UPS Freight' started by hojim, Jun 27, 2017.

  1. hojim

    hojim New Member

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  2. slavenomore

    slavenomore US Gov Hears Foreign Corps More Than Nonunions

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  3. slavenomore

    slavenomore US Gov Hears Foreign Corps More Than Nonunions

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    Are these defined benefit plans that are being replaced by 401k's or what?

    This nation does not treat it's people right in any way.
    UPS is lucky, as are all companies here, to have a safe country to make money in...lots of money....and they should start waking up to the fact that always taking from the workers will eventually make it very unsafe.
     
  4. toilet paper

    toilet paper Well-Known Member

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    How the hell can they claim they can't afford theses plans with multi billion dollar profits? "The love of money is the root of all evil"
     
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  5. Apostolic

    Apostolic Super Moderator Staff Member

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    In my opinion,none of you UPS Freight workers should fall into the depth of despair over this development.

    After reading the links posted on this topic,they are targeting non-union workers,which I would think would be supervision.
    Small pack & Freight union workers would not be effected.
     
  6. cavscoutdad

    cavscoutdad Active Member

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  7. sppollock

    sppollock Active Member

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    What makes me nervous is the timing of this. We are heading into negotiations in a few months and one of the first things there going to attack is the pension plans. They are then going to use the fact that they are freezing the non-union plans starting in 5 years and they are going to plant the seed to get rid of our pension plans, or do as Boeing did and make it that all new employees are in the 401k with a match. Thats what scares me.
     
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  8. toilet paper

    toilet paper Well-Known Member

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  9. toilet paper

    toilet paper Well-Known Member

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    It's a false flag first proposal will be something like no pay raises keep contractors work more hours, second will be small pay raise much more contractors but you loose your pension. Start saving $50 a week now and by July you'll have $2500 to strike with that should last you 3 weeks. Chances are the strike would be less than 2 weeks.
     
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  10. Dracula

    Dracula Well-Known Member

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    ....In my opinion,none of you UPS Freight workers should fall into the depth of despair over this development.
    After reading the links posted on this topic,they are targeting non-union workers,which I would think would be supervision.
    Small pack & Freight union workers would not be effected....

    ...Not yet....

    ...It's a false flag first proposal will be something like no pay raises keep contractors work more hours, second will be small pay raise much more contractors but you loose your pension. Start saving $50 a week now and by July you'll have $2500 to strike with that should last you 3 weeks. Chances are the strike would be less than 2 weeks...

    https://en.wikipedia.org/wiki/United_Parcel_Service_strike_of_1997#The_strike
    ....The United Parcel Service strike of 1997, led by
    International Brotherhood of Teamsters (IBT) President Ron Carey, started on August 4, 1997, and involved over 185,000 teamsters (IBT members)....
    ....The way in which the union was structured meant that all Teamsters would receive synonymous benefits, regardless of what company they actually worked for. These benefits were controlled by the Teamsters multi-employer pension fund. UPS wanted to back out of the plan, and offer their workers a new pension plan that UPS would control.[26] Ultimately, UPS agreed to keep their workers in the Union benefits plan.


    I wouldn't count on UPS using this pension freeze as just a bargaining tool. This ain't 1997.
    With the blessing of Hoffa and his cronies, UPS left Central States in 2007 and even then this article was sounding an alarm.
    http://makeupsdeliver.org/new-ups-pension-plan-can-undercut-other-pensions/

    Fast forward to 2017 and with all due respect to the poster, who suggested that a new strike would be over in just a few weeks, The IBT is not as strong as it was and it's sellout Hoffa and his hand picked blowjobber, Sean O'Brien, leading the IBT negotiating team vs UPS. Remember when O'Brien got his new job and the Teamsters for a Democratic Union wrote, In picking O'Brien, Hoffa "has chosen one of the chief architects of the UPS deals that were roundly rejected by the members in 2013." Now, UPS has just told 70,000 nonunion employees that they are not going to get a pension and what they didn't ask is and what these 70,000 fellow employees want to know is what is the IBT going to do about it? The answer is nothing and go screw yourselves. The IBT has allowed UPS to drive a wedge between union and a sizable group of non union employees. When UPS comes after the union pension and maybe you guys strike, you can expect the same support from those 70,000 fellow employees, when you ask them to not cross the picket lines. This ain't 1997.
     
    Last edited: Jul 1, 2017
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  11. sppollock

    sppollock Active Member

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    I agree, if we strike it isn't going to be a quick strike unless and only if small package strikes at the same time. With the climate were in and 401k plans are the norm instead of defined pensions no one is going to care in the non union sector. We need to and together and get the people negotiating our futures to tell them and hold there feet on there necks the pension is not on the table, if they try walk out. Period, that is the only reason I stay at this job, I can make just as much at Old Dominon as here and be treated better.
     
  12. Apostolic

    Apostolic Super Moderator Staff Member

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    I received my notice of the pension restructure yesterday,informing me my pension payments are safe till 2023.
    All righty then I'm 73 & 1/2 now,6 years from now I'll be pushing 80.
    If I'm still above ground,& Jesus hasn't returned to take his church out of here to our eternal home.
    I am happy to have seen this news on the trucking board before I received that notice.

    I also know the way the current economy is,pensions for the working class are becoming history.
    The draw back of the 401k's is they are routed in the stock market,if you are stock savvy you can do alright.
    However you can also come up short if you invest in the wrong stocks.
    Oh well that is life,give it your best & don't worry about the stuff you have no control over.
     
  13. toilet paper

    toilet paper Well-Known Member

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    How can a company reporting over a billion dollars in profits claim they can't keep their promises? Greed plain and simple greed. Seems I remember reading somewhere that the love of money is the root of all evil. Must've been a really smart guy who wrote that.
     

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