What does your CEO make?
April 20, 2012: Now you can learn what the CEO of your employer makes, and information on how inflated executive pay hurts our economy. Click here to find out what your CEO makes.
Brown’s CEO Gets $2.3 Million Pay Hike
April 18, 2012: United Parcel Service CEO Scott Davis got a whopping 21.62 percent raise to $13.05 million last year according to a company filing with the SEC. Davis made $10.73 million in 2010 bringing the hike in his total compensation to $2.3 million. Davis was paid a base salary of $1.02 million, $9.45 million in shares, stock options worth $450,807, and a $566,996 bonus. Davis also got $1.51 million via an increase in the...
Shrinking Pensions for Philly-Area UPSers
April 12, 2012: UPS Teamsters are joining together to win a better contract and stop the downward slide in our pensions. The cost of living is going up. But pensions for UPS Teamsters in the Philadelphia Fund are going down every year. UPS Teamsters who retire this year with 30 years still get a good pension: around $3,900/month. But ten years from now, a UPSer who retires with 30 years will get less than $3,200/month....
Newest Member of the Teamster Board
March 26, 2012: Hoffa has appointed Becky Strzechowski as a Central Region International Vice President for the next five years. She will fill the vacancy created when Steve Pocztowski of Local 705 was elected in November, although he had passed away last July in Las Vegas, just days after he was nominated. Strzechowski got her start in Chicago Local 727, headed by John Coli and run largely as a Coli family business. She was appointed...
Calif Retirees Hit with Higher Costs
March 23, 2012: "I retired last year thinking I had a good Teamster pension with affordable health care. Last month the Teamster health plan jacked-up my family health payment to $975 a month."That's what Tom Booth, Local 896, who retired last year after 29+ years at the Anheuser Busch InBev brewery in Los Angeles, told us. "We paid for that early-retirement plan with deferred wages—why do that if members are not going to be able...
Will UPS Freight Teamsters Ever Win a Grievance?
March 20, 2012: The UPS Freight National Grievance Committee met March 7-9 in Ft. Lauderdale, Florida, but the International Union only managed to win one (1) grievance at those hearings. The committee deadlocked 12 cases. Under Article 7, Section 5c, the union must submit a deadlocked grievance to arbitration within ten days. However, working Teamsters are still waiting for a resolution of the lone grievance that has been taken to arbitration thus far. Another hearing...
YRC to Implement Mega-Change
March 19, 2012: YRC, with the approval of the International Union, is now moving to implement its change of operations on a fast-track. The decision of the change of operations committee is available here. The decision states in paragraph #1 that the committee agreed that the proposed change is "unique in scope" and "must be implemented expeditiously" because of economic conditions. Paragraph #1 cites Article 8, section 6(G) of the contract, which states that the...
UPS Pension Comparison
UPDATED March 19, 2012 The New UPS Pension Plan$2,500 25-at-57$3,000 30-and-out The accrual rises to just $170 by the end of the contract in 2013. Pays the lowest pension benefits of any fund covering UPS Teamsters. Covers 44,000 UPS Teamsters in the Carolinas and Central and Southern Regions—the single largest group of UPS Teamsters covered by any plan. Click here to download the UPS Pension Comparison Chart. Western Conference (covers 11 Western States)Approximately $4,000 per...
Teamster Pension Timeline
March 15, 2012: Strong pensions mean retirement security for working Teamsters—and Teamster Power for our union as a whole. Throughout Teamster history, members have fought to build and protect strong Teamster pensions and defend them from employers—and sometimes our own union officials. Today, union pensions are once again under attack. To defend our benefits in the future, we need to know our history. Click here to view the Teamster Pension Timeline.
