Originally published at: UPS drivers to receive buyout offer as company shrinks parcel network - FreightWaves
UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.
Let me start off with this. After reading this one paragraph which is a blatant lie and correct this. “Teamster contracts enable UPS drivers employed 30 years or more to receive employer-paid health care throughout retirement, a benefit that would not be guaranteed to all workers under UPS’s severance plan, according to the union.”
NOW the facts are this. WE as Teamster members MUST pay for our retirement insurance monthly. This cost is based on your age at retirement. This doesn’t even include eye care. The retirement is ONLY let me repeat ONLY for YOU and your SPOUSE. So if you have kids under the age of 26 or even younger the are NOT covered. Again THEY ARE NOT COVERED. This has been the normal for the 33 years as an employee of Ups and Union member. Thanks Temasters for never correcting this and making myself and my family feel valued or secured.