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Brown Cafe UPS Forum
UPS Union Issues
Union Politics - 804 members coming soon agitator 2
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<blockquote data-quote="Inthegame" data-source="post: 1007985" data-attributes="member: 37112"><p>I don't see where anyone said the PPA was Howies fault. The facts are pretty clear if you're really interested in facts. Of course if your just playing politics facts won't get in your way. </p><p>Retiree healthcare is subsidized by the Health Fund. Retirees pay a portion of that cost and that portion wasn't enough to maintain reasonable reserves. Retirees have higher utilization rates than actives. Howie would have HAD to increase those costs if he won. That's the unpopular but necessary situation. Newsflash...H&W have gone through the roof the last decade and ALL plans are struggling, including UPS's. Talk to some management about what they pay.</p><p> </p><p>Pensions have their own struggles and cherry picking plans for comparisons are seldom apples to apples. Early out (25,30 any age) service pensions costs beaucoup beans. Remember 2008 ate away nearly 25-30 % of the assets in many plans. </p><p></p><p>Sorry to interrupt your rants with reason, please continue to make Tim's road easier with inane comments.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1007985, member: 37112"] I don't see where anyone said the PPA was Howies fault. The facts are pretty clear if you're really interested in facts. Of course if your just playing politics facts won't get in your way. Retiree healthcare is subsidized by the Health Fund. Retirees pay a portion of that cost and that portion wasn't enough to maintain reasonable reserves. Retirees have higher utilization rates than actives. Howie would have HAD to increase those costs if he won. That's the unpopular but necessary situation. Newsflash...H&W have gone through the roof the last decade and ALL plans are struggling, including UPS's. Talk to some management about what they pay. Pensions have their own struggles and cherry picking plans for comparisons are seldom apples to apples. Early out (25,30 any age) service pensions costs beaucoup beans. Remember 2008 ate away nearly 25-30 % of the assets in many plans. Sorry to interrupt your rants with reason, please continue to make Tim's road easier with inane comments. [/QUOTE]
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