Dive summary:
- A lack of faith in the Central States Pension Fund and 401Ks have caused union garbage truck drivers in Youngstown, Ohio to reject renewing their contract.
- Republic Services would rather fund employee 401Ks while union workers are not confident that is the best option, both sides are worried if money will still be in the funds in 10 or 15 years.
- The workers still plan on working after the contracts expire in good faith that the conflict will re resolved.
From the article:
YOUNGSTOWN, Ohio -The union representing drivers who pick up curbside trash in Youngstown have rejected a proposal to extend their contracts.
Republic Services-Allied Waste General Manager Douglas Dunn says the hang up with the Teamsters Local 337 is over pension contributions.
The company would rather fund employee 401Ks rather than pay into the Central States Pension Fund. ...