Bigfoot Beverages employees hit the picket line, strike against proposed retirement plans

Bigfoot Beverages employees hit the picket line, strike against proposed retirement plans | News [Video]

Teamsters Local 206 and 324 hit the picket lines, striking against “riskier, more costly 401(k) plan” they say would replace their pension at Bigfoot Beverages in Eugene.

EUGENE, Ore. — Members of Teamsters Local 324 and 206 hit the picket lines against Bigfoot Beverages in the early morning hours of September 19. Picket lines could be seen outside several Bigfoot Beverages locations ranging from Coos Bay to Newport.

According to the local Teamsters leadership, the primary issue in labor negotiations has been the workers’ retirement benefits. Workers on the picket line said Bigfoot Beverages continues to propose a “riskier, more costly 401(k) plan that would force workers to move from a defined-pension plan they have with the Union.”

Teamsters Local 206 and 324 spent the morning garnering horn-honking from cars and trucks driving by, as they strike against consistent proposals to replace their pension with a 401(k) plan at Bigfoot Beverages.

However, in a press release, a representative for Bigfoot …

Tags Entrepreneur, Finance, Finance Tips, Financial Planning, Motivation