YRCW Freight Updates

Discussion in 'ABF Freight System' started by mustache, Jul 14, 2009.

  1. mustache

    mustache Well-Known Member

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  2. Yzguy

    Yzguy New Member

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    contract book

    Amazing!!! The YRC voting for contract changes gets printed and mailed within days of the meeting, yet we still have no contract books ????? how ironic.......
     
  3. Trucking Green

    Trucking Green Driving my life away ....

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  4. piker

    piker Member

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    actually I received a contract book from our BA just this morning so they do exist,probably outdated real soon!!!
     
  5. Hooddock

    Hooddock Member

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    It was printed before the meetings!:biglaugh::biglaugh::biglaugh:
     
  6. brad31a

    brad31a Member

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    well yrc is gonna be working for swift wages hear soon so i dont no
     
  7. mustache

    mustache Well-Known Member

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    Swift makes that much????

    You had just better keep your fingers crossed that YRC keeps working. If they close the Pension Liability will fall on the rest of the companies that are still contributers to MEPF. That could trigger the PBGC to take over the MEPF. "CSPF" for shure.

    If the PBGC takes a plan over, you will only get about a third of what you are now getting. 30yrs. = $1,072.50 a mo.

    Multiemployer benefit guarantees (PBGC.gov)

    Maximum guarantee

    (ERISA Sec. 4022A(c))

    The current multiemployer maximum benefit is:

    100% of the first $11 of the monthly benefit rate, plus
    75% of the next $33 of the monthly benefit rate, times
    participant’s years of service.

    That comes to $35.75 times years of service.
     
  8. Hooddock

    Hooddock Member

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    QUOTE=brad31a;666131]well yrc is gonna be working for swift wages hear soon so i dont no[/QUOTE]

    :biglaugh::biglaugh::biglaugh: real funny:loser:
     
  9. hemorrhoid

    hemorrhoid Active Member

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    pbgc site

    I went to PBGC site clicked on workers&retirees then maximum monthly guarantee table and it showed a table with age and amounts.
    Don't know if this would apply to us or not.
    Not sure what to look at guess best thing is to call and find out.
     
  10. jimmyjoe (jj)

    jimmyjoe (jj) Member

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    make sure you look at at MUTI EMPLOYER PENSION PLANS.

    I thinkthe single employer pension plans are protected by the goverment up to $4500 dollars a month!!!
     

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