Saturday, July 14, 2007

UPS Negotiations Update: Talks Temporarily Suspended

The following is an update on the UPS national negotiations from General President Jim Hoffa, Chairman of the Teamsters UPS National Negotiating Committee and Ken Hall, Co-Chairman of the Negotiating Committee.

We write to inform you that the Teamsters National UPS Negotiating Committee suspended talks with UPS on July 11, 2007. As you know, we entered into early negotiations in order to address our members’ concerns that their pension and health and welfare benefit funds were in jeopardy. Unfortunately, the Company has been unable to present a comprehensive response to the Union’s economic demands because of differences between the Company and several benefit funds over the amount of new Company money that is necessary to maintain and improve existing benefits.

These disputes cannot be resolved by the Union Negotiating Committee. And until they are resolved between the Company and those funds, the Union cannot proceed with bargaining over the outstanding economic and language proposals that are on the table. The Union is prepared to resume negotiations as soon as the Company is ready to put forth an economic proposal that addresses the issue that brought us to the table to begin with: improving the stability of the benefit funds upon which our members rely for health care coverage and retirement protection.

While negotiations at the National Agreement level have been suspended, both the Union and Company Supplemental Negotiating Committees have been instructed to continue to bargain over the working conditions covered in the Supplements. As always, we will provide you with information as soon as there are further developments.

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