Hawfuh Sux
Old Guard Assassin!
The Western Conference and Local 177 “carve-out” has been/being designed to cover eleven western locals and New Jersey’s Local 177 for approximately 32,000 UPS Teamsters.
Since there have been no handouts to the members or any source of information other than the power-point presentation presented by Andy M, it has been claimed by the supporters that it’s similar to the current superior company plans the members enjoy.
The major problem with this “carve-out” is the fact that members will be paying heavily by diverting a significant amount of their pension contributions into the new health plan.
Out of the regressive $2.50 pension increase over the life of the 5 year contract, members belonging to the Western Conference and Local 177 Health and Welfare Fund a.k.a. “Carve-Out” will receive the least amount of pension contributions than the rest of nation.
For Local 177 who's pension is already in the RED/NEGATIVE this deal would be disastrous and would not be able to survive!
Under the original proposed contract (TeamCare) that was voted down in the Southwest Rider and Local 177, Teamsters were guaranteed to receive a $1.25 pension increase over the life of the 5 year contract.
Under the new “carve-out” being promoted by Andy M these members are only being guaranteed a .25 cent pension increase over the life of the 5 year contract.
It’s to say the members of the Southwest Rider and Local 177 will get:
.25 cent pension increase on the 1st year of the contract, the other .25 cents will be diverted to cover the cost of the “carve-out.” Thus meaning that a full-time employee will be paying for their healthcare on the 1st year; 2080 hours x .25 cents = $520 on the 1[SUP]st[/SUP] year.
On the 2[SUP]nd[/SUP] and 3[SUP]rd[/SUP] years of the contract, members covered by this “carve-out” will not receive a cent in pension increases. Thus meaning that a full-time employee will be paying for their healthcare on the 1[SUP]st[/SUP] and 2[SUP]nd[/SUP] years; 2080 hours x .50 cents = $1,040 on years 2 and 3.
On the 4[SUP]th[/SUP] and 5[SUP]th[/SUP] years of the contract there is no guarantee that the members will receive .50 cent increments on each of the years: as there is a clause that states that the trustees of the “carve-out” have the right to divert those two remaining years into the rising cost of health-care.
With the trend of America’s broken healthcare system healthcare costs are more than certain to rise.
Last but not least, if further healthcare cost were to rise, the trustees of the Western Conference and Local 177 H&W Fund would also have the right to divert a portion of the members yearly raises.
In other words members are paying for their healthcare and this "carve-out" should be rejected by all the members!
VOTE NO!!!!
Since there have been no handouts to the members or any source of information other than the power-point presentation presented by Andy M, it has been claimed by the supporters that it’s similar to the current superior company plans the members enjoy.
The major problem with this “carve-out” is the fact that members will be paying heavily by diverting a significant amount of their pension contributions into the new health plan.
Out of the regressive $2.50 pension increase over the life of the 5 year contract, members belonging to the Western Conference and Local 177 Health and Welfare Fund a.k.a. “Carve-Out” will receive the least amount of pension contributions than the rest of nation.
For Local 177 who's pension is already in the RED/NEGATIVE this deal would be disastrous and would not be able to survive!
Under the original proposed contract (TeamCare) that was voted down in the Southwest Rider and Local 177, Teamsters were guaranteed to receive a $1.25 pension increase over the life of the 5 year contract.
Under the new “carve-out” being promoted by Andy M these members are only being guaranteed a .25 cent pension increase over the life of the 5 year contract.
It’s to say the members of the Southwest Rider and Local 177 will get:
.25 cent pension increase on the 1st year of the contract, the other .25 cents will be diverted to cover the cost of the “carve-out.” Thus meaning that a full-time employee will be paying for their healthcare on the 1st year; 2080 hours x .25 cents = $520 on the 1[SUP]st[/SUP] year.
On the 2[SUP]nd[/SUP] and 3[SUP]rd[/SUP] years of the contract, members covered by this “carve-out” will not receive a cent in pension increases. Thus meaning that a full-time employee will be paying for their healthcare on the 1[SUP]st[/SUP] and 2[SUP]nd[/SUP] years; 2080 hours x .50 cents = $1,040 on years 2 and 3.
On the 4[SUP]th[/SUP] and 5[SUP]th[/SUP] years of the contract there is no guarantee that the members will receive .50 cent increments on each of the years: as there is a clause that states that the trustees of the “carve-out” have the right to divert those two remaining years into the rising cost of health-care.
With the trend of America’s broken healthcare system healthcare costs are more than certain to rise.
Last but not least, if further healthcare cost were to rise, the trustees of the Western Conference and Local 177 H&W Fund would also have the right to divert a portion of the members yearly raises.
In other words members are paying for their healthcare and this "carve-out" should be rejected by all the members!
VOTE NO!!!!
