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Brown Cafe UPS Forum
UPS Union Issues
Contract rumor.
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<blockquote data-quote="Atomic_Smurf" data-source="post: 1110667" data-attributes="member: 46684"><p>Have you seen your health insurance amount on your W-2? It's on there now in box 12dd. Thats the company reporting to the IRS how much your insurance costs. This amount becomes taxable, not to you personally, but to UPS in 2018. The threshold for an individual is set around $10,500 and most plans are in the $15k to $19k range. Obamacare taxes UPS for anything above that threshold at 40%. You do the math. UPS will be paying thousands more for every employee. That's money that we could be bargaining for that has been forfeited to Washington instead.</p></blockquote><p></p>
[QUOTE="Atomic_Smurf, post: 1110667, member: 46684"] Have you seen your health insurance amount on your W-2? It's on there now in box 12dd. Thats the company reporting to the IRS how much your insurance costs. This amount becomes taxable, not to you personally, but to UPS in 2018. The threshold for an individual is set around $10,500 and most plans are in the $15k to $19k range. Obamacare taxes UPS for anything above that threshold at 40%. You do the math. UPS will be paying thousands more for every employee. That's money that we could be bargaining for that has been forfeited to Washington instead. [/QUOTE]
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