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UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="beentheredonethat" data-source="post: 1080547" data-attributes="member: 4886"><p>Thanks for this information, I thought this was the case. In particular the part about the contract that was negotiated agreed to the terms of the HW for retirees in that UPS paid all the monies up to a certain threshold and then above the threshold UPS and the retiree divided the extra cost. If that is true, and now that benefits cost a lot more why are people yelling at UPS? I get being upset. I really do. Heck, I as a mgmt person have been paying for a portion of my medical for many years. I currently pay over 350/month for medical for my family and another almost 300 per month in HCSA to cover what insurance does not cover. That's about 650/month I'm paying today as an active UPS mgmt person for my total healthcare costs. Can and will UPS negotiate a higher amount of monies for retired UPSers sure. However, that money will come from somewhere. It will come from current active employees pay raises or come from future contributions for HW and pension for current teamsters. Personally, I don't see that happening.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1080547, member: 4886"] Thanks for this information, I thought this was the case. In particular the part about the contract that was negotiated agreed to the terms of the HW for retirees in that UPS paid all the monies up to a certain threshold and then above the threshold UPS and the retiree divided the extra cost. If that is true, and now that benefits cost a lot more why are people yelling at UPS? I get being upset. I really do. Heck, I as a mgmt person have been paying for a portion of my medical for many years. I currently pay over 350/month for medical for my family and another almost 300 per month in HCSA to cover what insurance does not cover. That's about 650/month I'm paying today as an active UPS mgmt person for my total healthcare costs. Can and will UPS negotiate a higher amount of monies for retired UPSers sure. However, that money will come from somewhere. It will come from current active employees pay raises or come from future contributions for HW and pension for current teamsters. Personally, I don't see that happening. [/QUOTE]
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