Pensions & Benefits


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Download the Bulletin: UPS Pension Rumors, Pension Threats

UPS and some Teamster officials are spreading rumors about new pension legislation and our contract. Get the bulletin at MakeUPSDeliver.org. Click here to read the full story at MakeUPSDeliver.org.

BNA Daily Labor Report: UPS Tries to Shortchange New Jersey Health and Welfare Fund

October 5, 2007: From the BNA Daily Labor Report: Officers and members of a local Teamsters union must arbitrate with United Parcel Service of America Inc. (UPS) on the issue of whether UPS must contribute on union members' behalf to two UPS-sponsored and administered health and welfare plans at rates set out in bargaining agreements, the U.S. District Court for the District of New Jersey ruled Oct. 2 in an unpublished decision (Palumbo v. United...

Bloomberg: Teamsters Ink Deal with UPS

October 1, 2007: United Parcel Service Inc.'s five-year tentative contract agreement with the Teamsters will allow it to pay $6.1 billion to gain greater control of some pensions and will provide pay and benefit increases for workers. Click here to read the full story at Bloomberg News.

Wall Street Journal: UPS, Teamsters Near Pension Deal

September 29, 2007: United Parcel Service Inc. and the Teamsters union are closing in on a labor agreement that would restructure and possibly lower the company's pension obligations. The two sides are trying this weekend to finish hammering out a deal in which the Atlanta package-delivery giant would pull out of the Central States Pension Fund, the largest multiemployer program in the trucking industry. Read more in the Wall Street Journal

UPS Wants Control to Keep Lid on Our Pensions

September 27, 2007: As October 1 approaches, the National Negotiating Committee is preparing to cave in to the company's demand to break out of the Central States Pension Fund. Instead of Central States, the company wants to establish a new UPS-Teamster fund where the company would control half of the votes. The record shows that UPS will use its greater control to keep a lid on benefits and push for pension cuts. That's just what...
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UPS Freight Deal is Headed to the Members. Vote No!

Local officers met today in Chicago and approved sending the UPS Freight contract out for a vote. Now, it’s up to the members to overwhelmingly Vote No to reject this sellout.

Vote No @ UPS Deadline this Friday at 3 pm

Time is running out to sign up for Saturday’s Vote No on UPS Contract telephone town hall. The deadline to sign up is Friday at 3pm Eastern. Get registered and then download a bulletin to spread the word.

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