The union negotiates a contribution amount from the participating employers on behalf of the employees. Not a penny of your dues goes to your H&W (or pension, or politicans).
Will TeamCare cost Hoffa/Hall their reelection?
- Thread starter Hawfuh Sux
- Start date
UpstateNYUPSer(Ret)
Well-Known Member
The company pays a contractually agreed amount per hour toward our H&W and pension. The Union then uses that money to pay our healthcare., which is administered by an outside agency (ours is BC/BS). If the company pays $1M and the union only spends $800K the union has made money.
You would be suprised how many "morons" don't know that dues do not pay for healthcare.
It's negotiated by the teamsters as part of our compensation. I don't know the exact number a for a part timer right now but it's paid by the company every week. For someone acting like you are on this open forum I would think you would know this. Are you just acting a fool?
Is there really people like that guy? I know there is but it still amazes me.
What surprises me is the number of times you've posted the "union" makes money somehow on H&W. If your scenario plays out as posted, your H&W fund builds reserve, not your locals treasury.
UpstateNYUPSer(Ret)
Well-Known Member
Our local has an 18 month surplus in our H&W fund.
Exactly. Not an 18 month surplus in their treasury, but in the H&W Fund which is what happens when claim costs are less than negotiated contributions. Yours appears to be a well run plan with that reserve.
UpstateNYUPSer(Ret)
Well-Known Member
Did I say that it was in our treasury?
UnderPaidSlave412
Member
Wait... that makes no sense. If the company was paying for our healthcare in full before and they are paying for it in full now, why did they make the change to teamcare?
Was it to give us a slightly worse health care plan then before and make it look like the unions fault?
Was it to give us a slightly worse health care plan then before and make it look like the unions fault?
UpstateNYUPSer(Ret)
Well-Known Member
Healthcare costs are a huge liability on a P&L statement.
Your statement clearly inferred the "union" has control of the excess, not the Trust Fund.
UpstateNYUPSer(Ret)
Well-Known Member
What I said was the union has made money.
You really need, some caffeine.
Or go to bed earlier!
Ah the classic response when one points out your errors. Unfortunately you seem to yawn alot.
Kinda like central states.
Yawning can be contagious.
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you really need to go to some Union Meetings
Work safe or not at all.
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dumptheoldguardteamsters
Well-Known Member
Again!! WASTE not waist. Do you have a 5th grade reading level like HOFFA?? No wonder why you don't see all the contract concessions. Go get your GED bo... Maybe you'll see the concessions after your more educated
"THE PIGS ARE IN THE MARBLE PALACE"
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