UpstateNYUPSer(Ret)
Well-Known Member
Proved it? Yeh, that's why the IBT didn't assess any back increased dues from the back pay checks. You guys need help.
Our BA said it was a good will gesture on their pay not to go after retro dues.
Proved it? Yeh, that's why the IBT didn't assess any back increased dues from the back pay checks. You guys need help.
The "union" doesn't have control of any TeamCare contributions.
Partially you are correct, however Taft Hartley plans are jointly trusteed by equal numbers of union and participating employer representatives, so they check each other. Trustees are bound by fiduciary rules that guide their conduct, in other words they must act in the best interests of the plan, not their employer.Yeah, they do. They hire an outside company to administer our healthcare plan but they are in charge of how our money is spent.
Or maybe the answers are explained adequately but not believed as they run counter to an opinion.It bothers me deeply, as nobody ever adequately answers the difficult questions.
As previously posted, the uncertain claim experience of H&W plans restrict actuarial projections to two maybe three years, certainly nothing like a known quantity of Pension plans.What were the actuarial projections for C6/TeamCare before UPS bought in?
More.How much money was "23 months of reserves" in 2013, the same number boasted before the huge infusion in 2014?
How much money is "23 months of reserves" in 2017?
Normally very conservatively. Interest income becomes additional reserve to be further invested.What is done with this "reserve money", how is it invested, and how is the interest redistributed?
how about either getting rid of ORION as it is worthless in its present format, or wording in the contract to stop harassment.ORION should be an optional tool, not required but you use it if it works for your route.
Btw:I do not follow ORION at all, and ignore all the whining harassment they throw at me
Partially you are correct, however Taft Hartley plans are jointly trusteed by equal numbers of union and participating employer representatives, so they check each other. Trustees are bound by fiduciary rules that guide their conduct, in other words they must act in the best interests of the plan, not their employer.
The SPD of your plan, while approved by the trustees, is prepared by professional credentialed H&W Plan administrators, and becomes the "rules" for how any funds are expended. After that process is completed, trustees quarterly meet and make decisions on reserve investment and claim appeals.
In any case, the union treasury receives nothing from H&W or Pension plans.
Trustees are not paid for this service.
Partially you are correct, however Taft Hartley plans are jointly trusteed by equal numbers of union and participating employer representatives, so they check each other. Trustees are bound by fiduciary rules that guide their conduct, in other words they must act in the best interests of the plan, not their employer.
The SPD of your plan, while approved by the trustees, is prepared by professional credentialed H&W Plan administrators, and becomes the "rules" for how any funds are expended. After that process is completed, trustees quarterly meet and make decisions on reserve investment and claim appeals.
In any case, the union treasury receives nothing from H&W or Pension plans.
Trustees are not paid for this service.
Or maybe the answers are explained adequately but not believed as they run counter to an opinion.
As previously posted, the uncertain claim experience of H&W plans restrict actuarial projections to two maybe three years, certainly nothing like a known quantity of Pension plans.
More.
But again, as previously posted, H&W are contributions in, claim payments out propositions. With more participants, contributions are higher as are claims.
Normally very conservatively. Interest income becomes additional reserve to be further invested.
Taft Hartley plans are non-profit plans, with very modest administration costs, that are regularly encumbered by lawmakers that are bought and paid for by the for profit insurance industry. To survive and flourish in that environment is challenging.
Derailed!!
FACT
It's already a done deal. You are insane if you think the Boston bully will produce.ITG....
Posted FACTS.
Do you have a problem with that ?
-Bug-
Reduce the amount each month retirees pay for health insurance.
Negotiate for current employees to have zero deductible for health care.
In 2018 I believe it is 200 for the employee, and 400 for family.
Might as well be orange. LolMeaning, if they wanted to go with orange uniforms instead of brown, thats their choice.
Reduce the amount each month retirees pay for health insurance.
Negotiate for current employees to have zero deductible for health care.
In 2018 I believe it is 200 for the employee, and 400 for family.
Why?.....so they can be disappointed when it doesn't come to fruition?Constructive.... observation.
We need these types of opinions, in this thread.
-Bug-
I've got an idea work as directed make more money and quit thinking.how about either getting rid of ORION as it is worthless in its present format, or wording in the contract to stop harassment.ORION should be an optional tool, not required but you use it if it works for your route.
Btw:I do not follow ORION at all, and ignore all the whining harassment they throw at me
Meaning, if they wanted to go with orange uniforms instead of brown, thats their choice.
Might as well be orange. Lol
Reduce the amount each month retirees pay for health insurance.
Negotiate for current employees to have zero deductible for health care.
In 2018 I believe it is 200 for the employee, and 400 for family.