Make UPS Deliver Higher Pensions

May 22, 2012: Teamsters in the Central Region, the South and the Carolinas are uniting to make UPS deliver higher pensions.

The bad news is that the IBT-UPS Pension Plan has locked 48,000 Teamsters into the lowest pension benefits of any UPSers in the country.

The good news is that the upcoming contract negotiations provide a direct route to winning a pension increase.

For most UPS Teamsters, the contract only defines how much money the company will contribute to Teamster pension funds. Members' actual monthly pension benefits are then set by the pension fund trustees, not the contract.

But the 48,000 Teamsters in the IBT-UPS Pension Plan have pension benefit levels spelled out in black and white in Article 34 of the contract.

Our National Negotiating Committee can bargain an immediate hike in 25- 30- and 35-and-out benefits by changing Article 34 of the contract.

TDU's Make UPS Deliver network is bringing together Teamsters in the Central Region, South and the Carolinas who want to work together to put pressure on the International Union and the company to deliver a pension hike in the new contract.

We need to make it clear that we will vote to reject any early contract deal that does not deliver substantial pension increases that bring us in line with what other UPS Teamsters are getting in Teamster funds.

The 48,000 Teamsters in the IBT-UPS plan represent a powerful voting bloc, and have the numbers to reject a contract.

Are you tired of getting a second class pension? Are you willing to do something about it?

Click here to contact TDU today.

Click here to learn more about Make UPS Deliver and how you can join the effort to win a pension increase in the next UPS contract.


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