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Brown Cafe UPS Forum
UPS Union Issues
Benefit Package dollar value?
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<blockquote data-quote="Bubblehead" data-source="post: 1175154" data-attributes="member: 14176"><p>If you are presently under the company healthcare plan, a definite dollar amount cannot be achieved.</p><p>This is because under this plan, the company is required to provide a defined benefit.</p><p>As a self insured company, it could and should vary somewhat year to year.</p><p>So it is all hinged on the cost of healthcare, which has been steadily increasing annually.</p><p>This is why I believe we should all be pushing to be in the company plan vs the union plan, where the company carries the burden of providing a defined benefit instead of enjoying a defined contribution to the union despite increasing costs.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 1175154, member: 14176"] If you are presently under the company healthcare plan, a definite dollar amount cannot be achieved. This is because under this plan, the company is required to provide a defined benefit. As a self insured company, it could and should vary somewhat year to year. So it is all hinged on the cost of healthcare, which has been steadily increasing annually. This is why I believe we should all be pushing to be in the company plan vs the union plan, where the company carries the burden of providing a defined benefit instead of enjoying a defined contribution to the union despite increasing costs. [/QUOTE]
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