Catatonic
Nine Lives
Re: Last - best - final
I've only been retired 2 months so I have not hit any road bumps yet.
I know there will be some and they will most likely be in Healthcare.
Management healthcare has been transitioned since 1991 so we have hit our road bumps over the last 20 years.
From what I am reading here on BC (it is a bit confusing), Teamster retirees still have a much better plan than management.
My out-of-pocket will be north of $5000 this year.
I believed that I was doing thoughtful planning when, three years ago, I switched from the "UPS Health and Welfare Plan" to the "UPS Health and Welfare Package". The new package was pitched to me as being a seamless transition with the exact same benefits when I retired--and indeed it was. The cost would be $400 per month ($200 + $200), and that is what I have been paying. It is a mute point now, since both are going away---"the best laid plans"...
With the new contract, active employees will not have to pay for their healthcare coverage--which is great. However, if I am to believe that had the union accepted UPS's proposal of $30/$60/$90, then the company would have retained control of healthcare. Since I am already paying $400, I will be happy to stay with the company plan...
I've only been retired 2 months so I have not hit any road bumps yet.
I know there will be some and they will most likely be in Healthcare.
Management healthcare has been transitioned since 1991 so we have hit our road bumps over the last 20 years.
From what I am reading here on BC (it is a bit confusing), Teamster retirees still have a much better plan than management.
My out-of-pocket will be north of $5000 this year.