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Brown Cafe UPS Forum
UPS Retirement Topics
2018 contract Teamcare for retirees
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<blockquote data-quote="twoweeled" data-source="post: 3170618" data-attributes="member: 27108"><p>You are correct. It will affect those nearing retirement, but I think it will affect employees retiring in the far future even more! The trend is bad for retirees and will become a lot worse for those retiring in the far future. I'm guessing we have to work and additional 2 years till retirement to make up for that $300 health plan. Our retirement increases aprox $150 a year. Who knows how many years you'll have to work to compensate for the increases in the health plan? Maybe 4-5 years more work till retirement? Unless the pension plan does extraordinarily well? I think we all know that isn't going to happen, if our past is any indication of what's coming. We're cutting our own throats again.</p></blockquote><p></p>
[QUOTE="twoweeled, post: 3170618, member: 27108"] You are correct. It will affect those nearing retirement, but I think it will affect employees retiring in the far future even more! The trend is bad for retirees and will become a lot worse for those retiring in the far future. I'm guessing we have to work and additional 2 years till retirement to make up for that $300 health plan. Our retirement increases aprox $150 a year. Who knows how many years you'll have to work to compensate for the increases in the health plan? Maybe 4-5 years more work till retirement? Unless the pension plan does extraordinarily well? I think we all know that isn't going to happen, if our past is any indication of what's coming. We're cutting our own throats again. [/QUOTE]
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