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<blockquote data-quote="BrownMonk" data-source="post: 4127721" data-attributes="member: 66576"><p>It may be, but I doubt it. Some pension funds require a funding requirement of additional money over what has been negotiated. I'm sure it isn't that much but those extra funds have to come out of the negotiated amount. For example: a new guy makes $21 an hour under the new contract and his pension rate is $5, if the pension plan says we need an additional 5 cents as part of our plan to recover, the driver would now make $20.95 an hour and the other nickel goes to pension along with the $5. Same with increase in health benefits. NOTE: unless there is additional language in the supplement that says the company will cover the pension or benefits increase.</p></blockquote><p></p>
[QUOTE="BrownMonk, post: 4127721, member: 66576"] It may be, but I doubt it. Some pension funds require a funding requirement of additional money over what has been negotiated. I'm sure it isn't that much but those extra funds have to come out of the negotiated amount. For example: a new guy makes $21 an hour under the new contract and his pension rate is $5, if the pension plan says we need an additional 5 cents as part of our plan to recover, the driver would now make $20.95 an hour and the other nickel goes to pension along with the $5. Same with increase in health benefits. NOTE: unless there is additional language in the supplement that says the company will cover the pension or benefits increase. [/QUOTE]
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