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Ktp1989

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Posts posted by Ktp1989

  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. 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.

    • Like 3
  4. 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.

    • Like 2
  5. Those "hefty" raises would take 8 years to get to the level you're at now. I've been with Ford 3 years doing the same job as you but you've made roughly $56,000 more. If you want I'll trade you checks starting this week.

    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.

    • Like 1
  6. 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.

    • Like 2
  7. There will be a raise and the two tier gap will be closed up some...President Williams quoted at conference...these two things are non-negotiable in his words. We gave when the company was hurting...Williams says it our turn now. Save your money...might come in handy come Sept. if he sticks by his word. If nothing happens then you have a nice little chuck to buy something for the holidays.

  8.  

    You are kinda right...Tier 2 employees do move to Tier 1 pay rate at the 20% threshold, but Tier 2 employees never move to Tier 1 benefits or retirement.

    Exactly! The extra money per hour means little...never becoming a legacy employee is the key. Not to mention a new hire who is young and eager vs a veteran who is ready to hang it up and understands the system.

    • Like 1
  9. I agree...put your time in and then you decide. I paid my dues and now I have a decent job...but I paid them. I have 25 years in and am not mad at guys with 35 keeping me from a job...they earned that right and one day I will earn it as well. People want to start at the top...instead of the bottom like everyone else.

    • Like 3
  10. A senior guy, regardless of time, leaves when he's ready. It doesn't matter how it affects lower seniority...when it's your turn to decide nobody will decide but you...and when it takes so many years to get a decent job he may want to stay around and enjoy it a little...when you get that job then you decide when you want to go.

    • Like 4
  11. Ford is hiring people , so why pay people to leave, and don't say cause of what they pay us first tier people!

    Buyout days are gone!

    I disagree...everyone that takes a buyout is "off the books" and no longer a legacy employee. The smaller salary is just a small portion of what benefits the company. They get a younger employee who will work twice as hard for less money, little benefits and no fixed pension...Ford recovers they buyout money very quickly. I think they come up every contract...but who knows. I also feel, as a skilled trades employee, that the company wants to go to mechanical and electrical trades company wide soon...more reason for buyouts. Just my 2 cents

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