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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="804brown" data-source="post: 1033666" data-attributes="member: 29553"><p>It's really not that complicated. Let me explain it to you.Yes, the E/B voted to save our funds in 2010. Everyone took a hit in order to save the funds. We had to pay higher co-pays, etc and retirees had to pay more too. They do get about $1200 per month in benefits and the old rate was not keeping up with health care inflation ($200 /month). The rates did go up for retirees. Yes it hurts them more because their monthly pension check doesnt go up every year. But health care inflation in this country is 3 times the rate of inflation. SO a 10% increase every year is about right. However, it wouldnt hurt as much if the old board had not frozen the pension for almost 14 years!!</p></blockquote><p></p>
[QUOTE="804brown, post: 1033666, member: 29553"] It's really not that complicated. Let me explain it to you.Yes, the E/B voted to save our funds in 2010. Everyone took a hit in order to save the funds. We had to pay higher co-pays, etc and retirees had to pay more too. They do get about $1200 per month in benefits and the old rate was not keeping up with health care inflation ($200 /month). The rates did go up for retirees. Yes it hurts them more because their monthly pension check doesnt go up every year. But health care inflation in this country is 3 times the rate of inflation. SO a 10% increase every year is about right. However, it wouldnt hurt as much if the old board had not frozen the pension for almost 14 years!! [/QUOTE]
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