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Ktp1989

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Ktp1989 last won the day on May 12 2014

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  1. If the contact proposal is voted down they will go back to the table and make some changes that do not cost anymore money...but distribute it differently to look as if the membership got what they wanted. But rest assured if they add somewhere, somewhere else is reduced. Chrysler would lose 1 billion of revenue per week if they had gone on strike...that number will be much higher for Ford so changes would be made for the yes vote.
  2. I am about 3 years away from retirement eligibility, so I need to start looking into it...but am I missing something? My understanding is when you begin to collect social security the amount that you get comes straight off your Ford pension. My father-in-law was making about $3500 month retirement and when his social security kicked in at approx. $1700 his pension was reduced that much. So instead of getting a $3500 check a month from Ford he gets a $1800 from Ford and a $1700 from Social Security. If that's the case what difference does it matter what is paid because Ford will reduce the difference. I am sure I am missing something but as I draw closer I need to start looking into it.
  3. GM's is in the bag...that's why this agreement suddenly came about. Probably waiting to see if they would have to tweak it if GM missed...will be similar with a few changes.
  4. Discussions are ongoing right now to see if they will start dealing with Ford while waiting on GM to vote...basically the contracts will mirror each other except a few items...I say go for it and wrap this up before Thanksgiving.
  5. I have been a UAW member for almost 27 years and I could care less if it's a legit threat or a fake threat to strike...If we don't like the deal we vote it down and they go back to the table. A strike does nothing good for either side so as long as they negotiate and we get a fair deal in the end, I could care less...All the other stuff is just stuff. Bring it to us, we vote, it's passes or fails and we move on. After the situation with Chrysler I am sure they are aware that GM/Ford do not have 45% two-tier so it will take a strong offer...we will make the decision if it's strong enough. All the rest of that junk means nothing.
  6. Monetary compensation will be more for Ford and GM...two tier will be gone at both as well with this deal at Chrysler...little more signing and little more for tier 1 and this passes.
  7. This is coming to blue collar next. Ford wants to get as many as they can off the books to drop the nearly 74 billion in owed pensions not to mention all of us who will be retiring. If the money is right (speak to my financial adviser) and I could roll directly to an IRA without any taxes I would take this every time. It won't be for everyone but if you figure your pension is really not that good anyway and it reduces in half when social security kicks in the right amount of money that you control and don't have to worry about Ford going belly up and your pension controlled by the federal government at 60%...its a win/win to me. I hope they offer it to hourly eventually. GM white collar were offered it a few years back and roughly 26-29% took it.
  8. You understood what your wage was when you took the job...correct? You understood that you would be paid less then the union members that have not gotten a raise for the past 10 years so the company could hire you...correct? Then what part of this is a surprise to you? I want tier 2 eliminated and I want raises for the upper and lower tier...but for those who came in at the lower wage knew the terms when they signed on to work. I believe the gap will be bridged with a light at the end of the tunnel for the tier 2...but you are working next to the guy making the tier 1 wage because he has not gotten a raise in 10 years, given up benefits, bonuses, cola, holidays and otherwise to allow the company to bring you in and some seem to ignore that. As far as the prediction that started this thread...ridiculous.
  9. I would not be surprised if Ford doesn't look to buyout pensions in the next contract. If the money is right they can buy mine out and then i control my retirement instead of Ford. I keep it at the same level I am invested when my social security kicks in and my wife and kids keep it the same when I pass unlike when you get a pension and it's reduced for your spouse and eliminated when your spouse passes. They have already bought out as many salaried that's retired as they could and now are looking to do the same with active salary and next will be the union worker. If the money is right I will gladly sell mine.
  10. Extra downtime for outside contractor work being done during shutdown...Hope is to have the new body and paint running by first of the year with C Crew being added in Final by spring of next year.
  11. We are down for 3 weeks returning on July 20 except Stamping plant which came back after only 1 week of shutdown. All operations normal on Monday, July 20
  12. Salary buydown and pension buyouts are always rumored...but yet to see it. We shall see.
  13. For sure 2 weeks and it's 90% we do 3 because of the large amount of construction going on in the plant.
  14. The will never offer 25 and out because most don't retire after 30 years on average.
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