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UPS Retirement Topics
Early Retirement and Medical Benefits
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<blockquote data-quote="satellitedriver" data-source="post: 1056578" data-attributes="member: 1664"><p><span style="color: #006400"><strong>Maybe I did not make my point well.</strong></span></p><p><span style="color: #006400"><strong>One company-(UPS)- pays all the money into health care benefits, while one is employed.</strong></span></p><p><span style="color: #006400"><strong>One Union control these funds.</strong></span></p><p><span style="color: #006400"><strong>Once one retires, the employee must pay the Union controlled retirement medical plan for their benefits.</strong></span></p><p><span style="color: #006400"><strong>My point being, why is there one company, one union and hundreds of locals with different rules that apply to retiree's?</strong></span></p><p><span style="color: #006400"><strong></strong></span></p><p><span style="color: #006400"><strong>The difference in a retiree's monthly healthcare insurance can vary by <span style="font-size: 15px">many </span>hundreds of dollars.</strong></span></p><p><span style="color: #006400"><strong>Nationwide we all make the same hourly rate, by union negotiation. </strong></span></p><p><span style="color: #006400"><strong>All pay the same union dues.</strong></span></p><p><span style="color: #006400"><strong>Then retirement comes into play, and the game changes.</strong></span></p><p><span style="color: #006400"><strong> Central States is a prime example.</strong></span></p><p><span style="color: #006400"><strong>"Obama care' is really going to throw a monkey wrench into the works.</strong></span></p><p><span style="color: #006400"><strong>-( before anyone jumps me for using the term "monkey wrench into the works", as a racist term, they need to know it is an archaic term for someone intentionally screwing something up)-</strong></span></p><p><span style="color: #006400"><strong>One company, one union and multiple retirement plans.</strong></span></p><p><span style="color: #006400"><strong>My question is why I can buy a better policy at a lower price on the open market than I can get thru Central States as a 27yr UPS retiree.</strong></span></p><p><span style="color: #006400"><strong>Inquiring minds would like to know. </strong></span></p><p><span style="color: #006400"><strong>Back to your post, retiree's have always had to pay for health insurance during their retirement no matter what local they belong to.</strong></span></p><p><span style="color: #006400"><strong></strong></span></p><p><span style="color: #006400"><strong></strong></span></p><p><span style="color: #006400"><strong></strong></span></p><p><span style="color: #006400"><strong></strong></span></p></blockquote><p></p>
[QUOTE="satellitedriver, post: 1056578, member: 1664"] [COLOR=#006400][B]Maybe I did not make my point well. One company-(UPS)- pays all the money into health care benefits, while one is employed. One Union control these funds. Once one retires, the employee must pay the Union controlled retirement medical plan for their benefits. My point being, why is there one company, one union and hundreds of locals with different rules that apply to retiree's? The difference in a retiree's monthly healthcare insurance can vary by [SIZE=4]many [/SIZE]hundreds of dollars. Nationwide we all make the same hourly rate, by union negotiation. All pay the same union dues. Then retirement comes into play, and the game changes. Central States is a prime example. "Obama care' is really going to throw a monkey wrench into the works. -( before anyone jumps me for using the term "monkey wrench into the works", as a racist term, they need to know it is an archaic term for someone intentionally screwing something up)- One company, one union and multiple retirement plans. My question is why I can buy a better policy at a lower price on the open market than I can get thru Central States as a 27yr UPS retiree. Inquiring minds would like to know. Back to your post, retiree's have always had to pay for health insurance during their retirement no matter what local they belong to. [/B][/COLOR] [/QUOTE]
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