Teamsters Pension Restructure With Cuts?

Discussion in 'UPS Retirement Topics' started by iamjeffaiden, Nov 12, 2015.

  1. iamjeffaiden

    iamjeffaiden New Member

  2. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Yeah been covered here a bazillion times.
     
  3. rod

    rod retired and happy

    bottom line:

    If you retired before 2008 you're screwed--after 2008 you won the lottery.
     
  4. oldngray

    oldngray nowhere special

    After 2008 surely didn't win the lottery. They just didn't get screwed like those who retired before 2008. Yet.
     
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  5. rod

    rod retired and happy


    From my side of they fence they won the lottery-----for now.
     
  6. iamjeffaiden

    iamjeffaiden New Member

    Sorry. I did a quick search and guess i missed it.
     
  7. twoweeled

    twoweeled Active Member

    I'm not sure if anyone is outta the woods on this one! We all have to stick together, or they'll pick us ALL apart,,,,p i e c e by p i e c e. Just like we let the retirees take it in the rear with the health insurance increase, because we feel it doesn't affect us. It will affect us, sooner than later. I'm sure it's just a matter of time (short time) till active employees start paying for some of their health insurance, which will surely increase when that door opens. Sorry about the tangent.
    We have to stick together on these problems. We have (and continue to) given away too much now. It isn't ever coming back.
     
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  8. Mugarolla

    Mugarolla Light 'em up!

    We already do.

    Starting in 2018, Teamcare members have a $200/$400 deductible.

    With 4 in the family, I do expect to have to pay the full deductible. That will cost me $33/mo plus my copays.

    I expect my insurance to cost me $50/mo starting in 2018. So, yes, we already pay for insurance.
     
  9. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    We have had co-pays and deductibles for the past 10 years or so.
     
  10. Mugarolla

    Mugarolla Light 'em up!

    And people say we get free healthcare.
     
  11. brownmonster

    brownmonster Man of Great Wisdom

    We don't get free healthcare. We get free insurance but pay for part of our healthcare.
     
  12. twoweeled

    twoweeled Active Member

    I was referring to the monthly premium. I'm aware of the copays and deductibles. But I was not aware of the oncoming $50 a month for Active employees starting in 2018. What state are you in? I have heard nothing about his in South Western Calif.
     
  13. Mugarolla

    Mugarolla Light 'em up!

    I am in Teamcare. See next post.
     
  14. Mugarolla

    Mugarolla Light 'em up!

    And to clarify the $50 per month I quoted, I was referring to my yearly out of pocket expenses for our "free" healthcare.

    I expect to pay around $600 per year out of pocket which equates to $50 per month, not a $50 per month premium.
     
  15. twoweeled

    twoweeled Active Member

    Roger that. What I meant, and I still mean. I'm "guessing" in the next contract, we will be paying a monthly premium on top of what we are paying now. I wouldn't be surprised if it were around $50 a month (to start). With increases yearly to follow. UPS has got the retirees and management to pay more. Active employees,,,,will be next!! good ol "divide and conquer".
    Just my thoughts!
     
  16. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    The union controls the healthcare which means they would have sole control over whether we pay premiums or not.

    It would not be a contractual issue.
     
  17. twoweeled

    twoweeled Active Member

    I don't know for sure, but I think your going to find, your %100 wrong on that one. I know what we were told prior to the last contract vote, but I don't believe for one second, UPS doesn't have their foot in there. One way or another. Previously, if we were fired from our job, UPS would be decide if we were able to retire with our medical benefits or not (assuming you retired after being fired). Do you think we don't have to concern ourselves with that possibly happening to us, if we get fired now? I don't know the answer, but I think we're going to find, we may still lose our benefits, from our own union (assuming what you say is correct). I'll repeat. I don't know the answer. But even though we were told repeatably (during contract BS), UPS wants out of the healthcare biz. I think UPS just got outta the providing good insurance biz! I'm guessing they still have a say. I could be wrong! Let me know what you now.
    I say active employees will be paying a monthly premium. I hope I'm wrong.
     
  18. Mugarolla

    Mugarolla Light 'em up!

    Incorrect.

    The union controls the healthcare but UPS pays for it.

    Teamcare could tell UPS, that to keep the same benefits after 2018, UPS needs to increase the contribution by $50 per month.

    UPS then would negotiate, in the CBA, what they would pay. It is a possibility for UPS to negotiate a monthly premium that would have to be ratified by the members.

    Healthcare payment is a negotiated part of the contract.
     
  19. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    While the healthcare contribution from the company to the union is part of the contract, the decision as to whether we end up paying for part of our premiums would be the union's.

    Teamcare currently has a healthy reserve, thanks in part to reduced spending and our group buying power. I don't see that changing to the point where we would need to start paying toward our coverage.
     
  20. twoweeled

    twoweeled Active Member

    I really hope your right, but I doubt it. I'm more in the Mugarolla camp. Call it an indirect call from UPS, if it fits better. But I can easily hear, " UPS is paying X amount in contributions. If you want to keep the same level of benefits, there will have to be a monthly premium in the new contract". I think it's still UPS's call whether or not to even make contributions to our healthcare in certain situations, ie discharge/firing from the company and disability going into longterm (past 6 months). My point being, UPS still has their hand in there, just not in there to the point, where UPS has to increase the contributions if needed. They are (from what I can see) in a very sweet position, AGAIN!!!