Pension Increase on the Line in NY Local 804 Talks

September 6, 2013: Pension increases are on the line as contract talks continue in New York Local 804.

Local 804 members won a $400 pension increase in the new contract, with a $300 increase scheduled to take effect on Jan. 1—but pension trustees from UPS agreed to vote for these increases only after the supplement is ratified.

Under the Pension Protection Act, Local 804 members needs to ratify a contract by early October or the pension cannot be increased until 2015 or later.

The Local 804 Bargaining Committee, including shop stewards, is working to negotiate improvements and put out a new contract to vote in time for the October deadline for a pension increase.

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