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UPS Union Issues
TDU: Summary of Central States healthcare coverage with co-pay and deductible
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<blockquote data-quote="PiedmontSteward" data-source="post: 1121020" data-attributes="member: 42270"><p>Central States H&W is definitely inferior to the PT company plans; co-pays would double for me and I would have a deductible, reduced benefits, etc. Moving PT'ers/FT'ers from other superior union plans over to CS H&W would be a concession. However, for the record, CS H&W is well-funded with 13+ months of reserves on hand. The CS Pension plan tanked during deregulation in the 1980's as thousands of trucking employees were orphaned was unionized trucking firms went belly up in the face of the owner-operator model. UPS being allowed to pull out in the 2008 contract was the final nail in the coffin. Mismanagement of the fund certainly didn't help, but it wasn't the sole reason for the critical status of the plan today.</p></blockquote><p></p>
[QUOTE="PiedmontSteward, post: 1121020, member: 42270"] Central States H&W is definitely inferior to the PT company plans; co-pays would double for me and I would have a deductible, reduced benefits, etc. Moving PT'ers/FT'ers from other superior union plans over to CS H&W would be a concession. However, for the record, CS H&W is well-funded with 13+ months of reserves on hand. The CS Pension plan tanked during deregulation in the 1980's as thousands of trucking employees were orphaned was unionized trucking firms went belly up in the face of the owner-operator model. UPS being allowed to pull out in the 2008 contract was the final nail in the coffin. Mismanagement of the fund certainly didn't help, but it wasn't the sole reason for the critical status of the plan today. [/QUOTE]
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TDU: Summary of Central States healthcare coverage with co-pay and deductible
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