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UPS Union Issues
TeamCare upgraded
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<blockquote data-quote="Inthegame" data-source="post: 1194124" data-attributes="member: 37112"><p>Contributions to H&W plans go to the plans, not the local and certainly not to the IBT. You already know this, so why the BS? Full time contributions from UPS to TeamCare are over $18K first year. PT contributions rates are lower, as experience in claims are less. In any case, the IBT gets no money to skim, and TeamCare gets less than your old plan had to operate with. How can you conclude money is now available to "shore" up CSH&W's alleged underfunding? They have $19Billion in reserve, without new participants. There is no underfunding.</p><p>Looks like you were dealt a blow in your election campaign as HC will be a non-issue. Time to move on to plan B.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1194124, member: 37112"] Contributions to H&W plans go to the plans, not the local and certainly not to the IBT. You already know this, so why the BS? Full time contributions from UPS to TeamCare are over $18K first year. PT contributions rates are lower, as experience in claims are less. In any case, the IBT gets no money to skim, and TeamCare gets less than your old plan had to operate with. How can you conclude money is now available to "shore" up CSH&W's alleged underfunding? They have $19Billion in reserve, without new participants. There is no underfunding. Looks like you were dealt a blow in your election campaign as HC will be a non-issue. Time to move on to plan B. [/QUOTE]
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