1. We have the Facebook and Twitter going again. We would appeciate a like or follow.

ABF Wages

Discussion in 'ABF Freight System' started by vongrimmenstein, Apr 18, 2018.

Tags:
  1. vongrimmenstein

    vongrimmenstein I stand for the flag, & kneel for the fallen.

    Messages:
    2,647
    Likes Received:
    2,534
    Some people forget that the moneys paid in to the pension funds are part of the wages earned AND agreed to by employees & the employer. Yes, they have been poorly mismanaged. But that was & is not part of the job for the rank & file. Instead of 2 bucks an hour more or whatever the figure is, we voted for less when working, so we would have something when retired. Pension funds across the country (private & public) are running out of money because the companies or state failed to fund them. Like Social Security. Borrow from the fund or never fund it like it should have. We trusted our pensions to be funded. Legal theft. In Bankruptcy Law, a pension fund is one of the first debits to be discharged. Like I said. Legal theft. von.
     
    sabresfan, SAC75, White and 1 other person like this.
  2. canaryinthemine

    canaryinthemine Retirement....The Job I Was Born To Have!

    Messages:
    4,890
    Likes Received:
    6,751
    Driver Since:
    1975

    Legal theft is also known as Corporate Morality.......

    Any action that adds to the Corporate bottom line is......Good Business,......therefore “Moral”..........regardless of how many lives are wrecked.........

    A question that’s never asked at Corporate boardroom meetings:
    “What’s more Important? People.......or Business?”

    Nobody at the boardroom meeting could answer that .......truthfully......
     
    troubleman84 and vongrimmenstein like this.
  3. daddy o

    daddy o Active Member

    Messages:
    152
    Likes Received:
    85
    Correct me if I am wrong but if ABF paid the money into the pension fund would it not be funded?
     
  4. Muler

    Muler Well-Known Member

    Messages:
    2,731
    Likes Received:
    1,069
    NO. But there are rules that govern our funds.
     
    bigtruk_us likes this.
  5. Trucker 206

    Trucker 206 Well-Known Member

    Messages:
    1,296
    Likes Received:
    1,499
    Nor would anybody even have the nuts to ask that question in the boardroom. Sad.
     
    icuicp, White and canaryinthemine like this.
  6. Puff Driver

    Puff Driver Active Member

    Messages:
    354
    Likes Received:
    157

    companies in conjunction with the failing union controlled the pensions. Blame both...
    The pension (like Social Security) was built on a premise that there would always be more people putting $$$ into the fund than those taking $$ out of the fund.
    The teamsters sat and watched the NMFA die a slow painful death, never got any additional members into the funds. No one is buying what they sell. They could only get new members when they were able to beat, coerce and violently force people to join their union. the teamsters never worried about 'morals' as they murdered or beat people into becoming new 'members' Now you worry about institutions having morals?????
    Now that they have to compete in world on a level basis, they fail miserably.
    Ask the teamster negotiators how many pensions they will be collecting....... How are those morals doing while other get their pension cut???
    We all saw this coming except the leaders of the teamsters???
     
    so-fla-br and Songremainsthesame like this.
  7. SAC75

    SAC75 Well-Known Member

    Messages:
    2,909
    Likes Received:
    2,760
    The union doesn’t control the pension so your wrong in your first sentence.
     
    30yearman and troubleman84 like this.
  8. canaryinthemine

    canaryinthemine Retirement....The Job I Was Born To Have!

    Messages:
    4,890
    Likes Received:
    6,751
    Driver Since:
    1975

    I think you're mistaken in saying the Teamsters...."Beat, coerce, and violently force"..people into joining Unions. There could've been incidents of that in the distant past,.....and corporations would like many people to believe that Unions can only organize in a ...thuggish,...manner,........

    But for sheer out-and-out violence,...let's start with the Haymarket riots in Chicago,...started when City policemen beat to death 4 strikers,.....and then we'll go to the Battle of Homestead,...where Pinkerton strikebreakers fought a pitched battle with Ironworkers, when Henry Clay Frick decided to hire an armed force to break the strike,.....

    And here in W. Penna,........Everyone knows of the brutality of the Coal and Iron police,....who actually could kill indiscriminately,...and get away with it......

    Because there has been violence in the past around organized Labor,.....(....much,...if not all of it started by company instigators...),...
    Corporations love to spread the rumor that the only way Unions can attain new members,..is by violence. 10 minutes of research on the internet,...or even better,...an afternoon spent in a library, looking up labor violence,....would dispel that rumor.

    If you want something more topical,.....watch the movie "Silkwood",...based on the whistleblower Karen Silkwood, and her violent death at the hands of an immoral corporation trying to hide their misdeeds. That just happened in the '70's........

    The amount of ....coercion, threats, discrimination, and intimidation in a Union organizing campaign,.....could be found in looking at the '90's Union campaign to organize Ovenite.........

    The company pulled out every dirty trick in the book,.........beat people up,...broke into cars,....fired guys just to intimidate the remaining people.....After several years of thuggish company intimidation,...the Overnite campaign just about failed, with maybe two barns out of several hundred nationwide signing cards to join......

    The proof of corporate intimidation? Two years later, UPS bought Overnite.........UPS had a "card-check" agreement in their contract, which said that any new purchase by UPS could join the Union by merely having a majority of the employees sign a card.

    Overnite ORGANIZED nationwide in FOUR months with a card-check,.....because the company wasn't allowed to interfere..(Nor was the Union....Heavily watched by the NLRB.....I know because I volunteered to work on that campaign...)......

    Ask the UPS Freight guys,.......Anyone from the Overnite days could tell you all about company "dirty tricks"......There's a UPS Freight board on TB......Go over and ask.....

    Please don't fall for the company propaganda about brutish Union organizing....Education is the key, Brother......
     
  9. vongrimmenstein

    vongrimmenstein I stand for the flag, & kneel for the fallen.

    Messages:
    2,647
    Likes Received:
    2,534
     
  10. Trucker 206

    Trucker 206 Well-Known Member

    Messages:
    1,296
    Likes Received:
    1,499
    Canary-1
    Puff Driver-0

    Next??
     
    30yearman, Crystal and icuicp like this.
  11. Bubba Gump

    Bubba Gump Banned

    Messages:
    621
    Likes Received:
    142
    one has to question the reading comprehension skills of the average teamster. it was either freight, or kk who posted NUCPP's expert witness to congress/gao. i will summarize his testimony. the reason CSPF is failing; large retroactive pension increases to employees, who's companies went bankrupt. subsequently not paying for those increases by not paying their withdraw penalty. ORPHANS. also depending on unrealistic rates of return on investments, the discount rate. Canary, NO UNION FOOL/dockey,GO40 would you have voted for an international president who lowered orphan pensions, be honest when you answer!

    Ignorant Teamster, educate yourself go to the "pension tsunami" website, there are enough links to keep you occupied for years.
     
  12. GO40

    GO40 Well-Known Member

    Messages:
    3,456
    Likes Received:
    2,126
    Driver Since:
    1991
    The problem with you is you throw all the pension plans in one, that is not the case. I know a few plans are hurting but all are not, I will agree they have to fix the orphan issue but where do you draw the line in the sand? Do you pay out lump sums after a certain year? I don’t have that answer & I hope they come up with something that is suitable for all....
     
  13. Bubba Gump

    Bubba Gump Banned

    Messages:
    621
    Likes Received:
    142
    actually multi employee pension plans that are "O.K." really aren't that "O.K." when using the same assumed rates of returns that single employer pension plans use. Single employer pension plans pay roughly 4 times the premiums to the PBGC, they are insured for roughly 4 times more than multi employer plans, and for the same level of funding they need roughly for times as much money in their pension fund. Why,the discount rate they use, single employer pension funds use a discount rate roughly half of what a MEPF would use. with the exponential nature of long term investing, the factor of four.

    Contrary to NUCPP propaganda CSPF had good returns, the problem was the lack of money to invest. LARGE RETROACTIVE PENSION INCREASES, employers that did not stick around to pay them.

    The facts are the same in ALL teamster pension funds, current employees have enough paid in to make them millionaires. so far teamster 707 needs PBGC to pay 35 cents on the dollar. Upstate new York cut 30%, those teamster have enough paid in to make them multi millionaire's next on the chopping block teamsters 805 and 469.

    73 multi employer pension funds have already gone bankrupt, there will be no bail out. PBGC might get a bailout to pay 35 cents on the dollar. Call your elected official today and beg them to pass MPRA II, it has already been written, just needs some political will.
     
  14. GO40

    GO40 Well-Known Member

    Messages:
    3,456
    Likes Received:
    2,126
    Driver Since:
    1991
    Yep, your a teamster.... lol
     
    30yearman and the5tolls like this.
  15. troubleman84

    troubleman84 Well-Known Member

    Messages:
    2,751
    Likes Received:
    2,121
    A lot of IBT officials draw from central states or other local pension plans. There in the same boat as us
     
  16. White

    White Straight’nin the curves, flat’nin the hills

    Messages:
    637
    Likes Received:
    698
    I reckon the institutions forced the creations of unions.
     
  17. Why

    Why Active Member

    Messages:
    264
    Likes Received:
    46
    Speaker of the House , Paul Ryan Golden ret. for life 87,000.00 a month. Tax payers . Love it
     
  18. Jeff

    Jeff Highly Trained Staff

    Messages:
    13,219
    Likes Received:
    4,252
    Driver Since:
    1986
    troubleman84, SAC75 and icuicp like this.
  19. icuicp

    icuicp Well-Known Member

    Messages:
    3,070
    Likes Received:
    3,144
    SAC75 and Jeff like this.
  20. Puff Driver

    Puff Driver Active Member

    Messages:
    354
    Likes Received:
    157
    Good points if the teamsters are so innocent why was the RICO Act used to end their decades old corruption? Plus it worked????
    Proving my point they were only successful when they were able to force, beat & coerce people into their union...

    No one ever said every company is perfect but there were more murders of and by teamsters than any company I can name???
    Can you name a few company executives who murdered people????
    I can name a few union officials who murered....

    As stated the union multi employer pensions were created on the basis of more contributors than collectors..

    They union had to keep up recruiting new members as carriers were put out of business by the union..
    They failed miserably, then sold out by permitting UPS to pay them off and withdraw from some of the multi employer pension funds... Overnite was organized not by a successful union but because USP paid off the union...

    If you are interested in hearing absolute misery check out the YRC, Holland and New Penn boards..

    Further proof the teamster jobs are much worse off than most non union competitors...

    if you union is so great and companies are so evil what aren't thousands of workers standing in line waiting to join??

    Be honest few worked are buying what the teamsters are selling.....
     

Share This Page