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UPS Partners
2022 HUGE health benefits increase
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<blockquote data-quote="beentheredonethat" data-source="post: 5126627" data-attributes="member: 4886"><p>I'm in management, so this is the info for non union retiree health care. They give 3 credits per year for every year worked prior to and including 1992, and only 1 credit per year after that year. They will only count 35 total years worked. I have 5 years for 1992 and prior which gives me 15 credits, and I will have an additional 30 years from 1993 until I retire. So I will have 40 total credits. UPS will pay up to $250 per credit, so I will have $10K for medical costs and an additional 10K for my wife. I will have to pay for any cost exceeding 20K total for my wife and I once i retire. Once I hit 65 for Medicare, the credit value goes down to $42 per credit, so I will only have $1680 per year for myself and an additional $1680 for my spouse when she is eligible for Medicare.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 5126627, member: 4886"] I'm in management, so this is the info for non union retiree health care. They give 3 credits per year for every year worked prior to and including 1992, and only 1 credit per year after that year. They will only count 35 total years worked. I have 5 years for 1992 and prior which gives me 15 credits, and I will have an additional 30 years from 1993 until I retire. So I will have 40 total credits. UPS will pay up to $250 per credit, so I will have $10K for medical costs and an additional 10K for my wife. I will have to pay for any cost exceeding 20K total for my wife and I once i retire. Once I hit 65 for Medicare, the credit value goes down to $42 per credit, so I will only have $1680 per year for myself and an additional $1680 for my spouse when she is eligible for Medicare. [/QUOTE]
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2022 HUGE health benefits increase
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