
JULY NEWSLETTER Thursday, July 10, 2003, at 7:30PM in Union Hall,
3049 South 36TH ST (rear of Bldg)
Friday, July 11, 2003, at 10:00AM in the Union Office,
10828 Gravelly Lake DR. SW, #202
Tuesday, July 15, 2003, at 7:30PM
Longshoreman’s Hall, 627 14TH AVE (Longview)
Executive Board
Thursday, July 3, 2003, at 3:00PM (Union Office)
Union Membership Meeting Notice
ATU 758 would like to say THANK YOU for your voluntary support of COPE. ATU- COPE represents your interest at every level of government. The more members that contribute to COPE, the bigger impact workers will have on protecting our jobs and our wages. ATU-COPE will be able to support more pro-labor, pro transit candidates Democrat or Republican, who will fight to preserve transit worker collective bargaining rights, to preserve health and safety laws, to ensure the security of transit workers in the workplace by mandating federal requirements for transit security plans and to increase transit funding. In addition, by pooling our money, we have the strength to fend off attempts toward privatization of transit services, as well as attacks on 13(c) and transit funding. We look forward to your continued support, and once again Thank You! If you are not contributing at this time but wish to, or if you have any questions, please feel free to call (253) 588-3651.
Fraternally yours,
Cathie A. Parker Financial Secretary/Treasurer
Peter Altmann
Disclaimer: There are few subjects more complex than a discussion on joining Social Security. I’ve asked a number of people if they would like to write on it and they declined. To keep this simple, things are greatly approximated and undoubtedly, I missed some important points. Call, write, or Email The Problem: After 25 years of service with PERS 2, your retirement check will be less than ½ of your current paycheck.
The Question: Is joining Social Security (SS) a good solution?
There is one key piece of information you must understand if you already have some SS credits. Because PT is a government agency with a government pension, your SS benefit is subject to SS’s “Windfall Provision”, which means your benefit payment will be reduced by a modified formula which comes out to about a 1/3 reduction of normal payment. If PT joins SS, the Windfall Provision is phased out over 10 years of SS taxes at PT.
Some Positives of SS:
SS will provide retirement payment of about 35% of your paycheck (After being in SS at PT over 10 years).
After 10 years at PT and in SS, previous SS earnings would not be reduced by the Windfall provision.
There is a narrow disability Insurance (after 5 current years in SS).
SS goes with you if you change jobs.
Your SS benefit can be passed on to your surviving spouse.
If you are married and both are independently eligible for SS, you each receive SS payments.
SS forces you to save for retirement.
Some Negatives of SS:
Payroll taxes are currently 6.5% and will probably rise.
SS benefits are eroding (67 to retire instead of 65, etc).
It will be difficult to induce PT to join SS
It will be difficult to get 50% of the work force to vote into SS.
If PT does join, wage negotiations will be affected.
Conclusion:
The Voter Education Project (VEP) toll free: 866-628-2500, sends out volunteers to verify that signature gathers are doing the job correctly. If you see a petitioner, please either call VEP or your Union, so we can call VEP. If you know what the petition is for, it is helpful, but not necessary. Thank you.
When jobs leave the USA and go overseas, it’s not healthy for workers or our economy. This has been Labor’s unhappiness with NAFTA (North American Free Trade Agreement). Similar agreements are in the offing with Chile and Singapore. More are expected to follow. Our country has wages and benefits, and environmental protections far greater than these other countries. If you open the doors and windows of your house, can you keep it warm in the winter? I fear these agreements threaten middle class America, which includes us. Are you willing to make a phone call or Email your legislator? To be a strong Union, we must be vocal. Please think about it.
From all of your union officers and office secretary we would like to wish all of you a safe 4th of July weekend:
Peter Altmann, Isaac Tate, Cathie Parker, Sonya Ogden, Lane Chase, Barbara Strong-Nelson, Mike Cochran, Joe DiGiulio, Lenny Mykland, Ginny Stevens, Catherine Jones and Patricia Clark.
_____ Yes, I’d like to see Pierce Transit join Social Security.
______ No, I do not want to see Pierce Transit join Social Security.
Dave Moe: Step 1 grievance July 18, 2003, conduct unbecoming.
Sheryl Culver: Arbitration date is September 19, 2003.
Dave Larson: Grievance has been withdrawn per Attorney’s recommendation.