Let's try this again .If you vote in the Teamster's Union .The UNION will NOT touch your 401 K .UPS might send out info as to give you ideas for your 401 K.stldude44 said:The Teamsters will not touch your 401K. It will more than likely freeze once the Contract is negotiated.
greezy trucker said:Doesn't UPS employees have one, its just that UPS doesn't contribute or match?
Mike01 said:You are correct, GT. There is a UPS/Teamsters 401(k), but the company does not match anything. Yet that is... that is a possibility in the next contract.
Our non Teamster 401k is through City street.And we are matched 50% in UPS stock.....:wacko:CFer said:Mike, there is also a Teamster 401K for non UPS members. It's administered through Mass Mutual
But, UPS Feeder Drivers have no match. If we get the same kind of contract, I would think that we would loose our match. My new friend, UPS Feeder drivers says that their 401k is through the Teamsters and non - union UPS employees and management get 100% match on the first 3%.Johnnybegood said:Our non Teamster 401k is through City street.And we are matched 50% in UPS stock.....:wacko:
Johnnybegood said:Our non Teamster 401k is through City street.And we are matched 50% in UPS stock.....:wacko:
I wonder how long it will take for some of the Indy folks to realize they might have shot themselves in the foot. Lets see what the health insurance for the Indy folks will cost.pgh1994 said:This is something Indy should have thought of before they made their choice.
If you do the math 100% match on the first 3% verses $.50 on the dollar up to the first 7% is about the same.bamaboy said:But, UPS Feeder Drivers have no match. If we get the same kind of contract, I would think that we would loose our match. My new friend, UPS Feeder drivers says that their 401k is through the Teamsters and non - union UPS employees and management get 100% match on the first 3%.
UPSF workers get more of a match than non-union package workers.gater said:If you do the math 100% match on the first 3% verses $.50 on the dollar up to the first 7% is about the same.