Anomaly
Veteran
- Jun 2, 2012
- 1,220
- 218
UPS MANAGEMENT was the driver to get out of the pension, while the membership voted on the final agreement, it was the company pushing proposal.
http://www.tdu.org/n...ps-pension-plan
http://www.bloomberg...Fymjhg&refer=us
http://makeupsdelive...benefit-divide/
Holding on to the Central States Plan was one of the major issues in the 1997 strike.
http://www.labornote...ey-ups-contract
As for the $6.2 billion that wasn't a sidestep that I did ignore because its immaterial to the topic at hand. Once they (UPS) were in Central States they were legally/contractually bound to pay to get out. The amount UPS paid has no bearing on the fact that those left behind in Central States had absolutely NO SAY in the deal from the start. That is the threat that American Mechanics, USAirways Mechanics, and any others the ibt is trying to peddle their wares to needs to be fully aware of. If they get into a teamster plan, nothings to stop the exact same thing from happening to them the next time Hoffa decides to cut a deal.
The teamsters gave UPS an out on the pension, in exchange for card check, and the membership remaining in Central States are suffering because of it.
As for the rest of your missive, you can go right on claiming that's not what happened, or union politics, whatever.
The fact remains this all came out in 2007 ..... YEARS before Fred Gegare made his first campaign video.
Pull your head out dude and breath some fresh San Francisco air.....
All of your links are campaign sites. There is not a potential president of any organization or public office who sits back and says the incumbent guy is doing the right thing. Do you seriously believe Gragare who along with Pope was backed by the TDU would be any different?? I'll bet dimes to dollars that the person who wrote the TDU page as well as a couple of the others was also in the Central States fund and not with UPS. There are no signatures so who knows??? Seems to reek of politics and self preservation.
Come on man....Your smarter than this, right????
As for the ones left behind, OF COURSE THEY DO NOT HAVE A SAY IN THE MATTER. Get Real.
If I own a ton of stock in the dying Willy Wonka chocolate factory and I decide to pull out sending the stock in to a nose dive, THAT'S MY CHOICE!!!
It was equally the members choice who had the support of their management to the tune of $6.2 BILLION to say WE WANT OUT!!
The money is absolutely material as well as was the vote. If either side said no, they would still be in.