That would have to be negotiated, contract spells out pension pretty well.I’d say TForce Freight is looking to drop the pension and go solely to a 401K.
The pension for it's greatest share is under ups. Tfi liability only started in April 22'."You can trade in that pesky pension (that probably won't even EXIST in 20 years) for this nice, crisp EXTRA BUCKAROONY an hour...IN ADDITION to all the other pay and benefits we already give you!"
And it sounds like I'm joking, but companies have literally broken their unions just by offering an extra dollar an hour to non-union employees.
Then keep voting no strike don't let them take that pension!I’d say TForce Freight is looking to drop the pension and go solely to a 401K.
Already have it.Maybe you guys are gonna be eligible for a voluntary 401k plus your TForce pension. At Preston and Holland there was a Teamsters 401k. Company didn't match anything.