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Disability Health insurance extension?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 894814" data-attributes="member: 12570"><p>A combination of factors led to the changes that needed to be made to return the fund to solvency. There are about 5,000 more retirees collecting benefits than actives paying in to the fund. The issues at YRC and the recession have both impacted the fund.</p><p></p><p>Disability pensions and lump sum disability benefits are gone. Early retirement is gone. Regular pension is gone. Death benefits are gone. The 30 and out at any age has been replaced with a 30 and 55. Our split raises have been diverted since these changes were approved and will be throughout the duration of this contract. On the plus side, we will get a nice pay raise, in addition to any contractual pay raise we may get, when we jump to top rate in 2013.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 894814, member: 12570"] A combination of factors led to the changes that needed to be made to return the fund to solvency. There are about 5,000 more retirees collecting benefits than actives paying in to the fund. The issues at YRC and the recession have both impacted the fund. Disability pensions and lump sum disability benefits are gone. Early retirement is gone. Regular pension is gone. Death benefits are gone. The 30 and out at any age has been replaced with a 30 and 55. Our split raises have been diverted since these changes were approved and will be throughout the duration of this contract. On the plus side, we will get a nice pay raise, in addition to any contractual pay raise we may get, when we jump to top rate in 2013. [/QUOTE]
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