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Brown Cafe UPS Forum
UPS Union Issues
Can someone explain to me what exactly will happen to our healthcare..
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<blockquote data-quote="balland chain" data-source="post: 1156681" data-attributes="member: 43608"><p>Yes, the money will be diverted to CSH&W that is already in trouble.. This fund that pays the same pension amount that we get to retirees of other trucking companies, BUT, their former employers did not pay into the fund anywhere near what UPS had been paying into the fund.. So, we have retires from trucking companies that have gone bankrupt, and they are getting the same amount that UPS retires get, but their CO. paid only a percentage of what UPS had been paying into the fund...Math is quite simple, when CSH&W fund pays the same amount to all regardless of how much their employer pays into the fund, well it will eventually go bankrupt.. And the CS fund is not in good shape at all..This new idea of placing all UPSers into this fund is a very bad idea,, the monies will be diverted to the already failing pension fund (keep in mind it is not just paying UPSers) so we at UPS are getting the shaft again.. We are now having to suffer because of the Unions decision to pay the same pension across the board to all trucking companies workers.. That is the biggest problem of this fund.. If company X paid in half of what UPS was paying into the fund, then the retires from company X should get half of what we get.. That is not how it is though.. So with this new contract, and language in the contract stating that the monies for insurance may have to go towards the pension fund ? well guys, at our expense, again, we are subsidizing the retires pensions that did not even work for UPS and our healthcare will suffer greatly due to changes in coverage. Never in my 26 years in the CS H&W plan has my insurance gotten better.. The cost' have always gone up, and coverage has gotten worse..</p></blockquote><p></p>
[QUOTE="balland chain, post: 1156681, member: 43608"] Yes, the money will be diverted to CSH&W that is already in trouble.. This fund that pays the same pension amount that we get to retirees of other trucking companies, BUT, their former employers did not pay into the fund anywhere near what UPS had been paying into the fund.. So, we have retires from trucking companies that have gone bankrupt, and they are getting the same amount that UPS retires get, but their CO. paid only a percentage of what UPS had been paying into the fund...Math is quite simple, when CSH&W fund pays the same amount to all regardless of how much their employer pays into the fund, well it will eventually go bankrupt.. And the CS fund is not in good shape at all..This new idea of placing all UPSers into this fund is a very bad idea,, the monies will be diverted to the already failing pension fund (keep in mind it is not just paying UPSers) so we at UPS are getting the shaft again.. We are now having to suffer because of the Unions decision to pay the same pension across the board to all trucking companies workers.. That is the biggest problem of this fund.. If company X paid in half of what UPS was paying into the fund, then the retires from company X should get half of what we get.. That is not how it is though.. So with this new contract, and language in the contract stating that the monies for insurance may have to go towards the pension fund ? well guys, at our expense, again, we are subsidizing the retires pensions that did not even work for UPS and our healthcare will suffer greatly due to changes in coverage. Never in my 26 years in the CS H&W plan has my insurance gotten better.. The cost' have always gone up, and coverage has gotten worse.. [/QUOTE]
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Can someone explain to me what exactly will happen to our healthcare..
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