Its_a_me
Well-Known Member
Good for most employees....but not all.
I am glad they have an estimate on what the costs will be but that is basically throwing darts blindfolded. Otherwise they are stating they have a complete handle on how rapid inflation will hit health care during periods of general inflation......which is complete non-sense. Every time wages go up, those without 5 year CBA locked-in contracts experience a rapid rise in wages. Those wages get pushed onto consumers as much as possible. With health care it's entirely possible.
And if you think the union has an idea of what cost and wages will be in the market place in 3-5 years: I would refer you to the fact that UPS paid more to PT employees than what the union bargained for in the last contract and called it a market rate adjustment. That's right all those experts that supplied information with a prospectus and tables and graphs meant so little the company decided it must out negotiate themselves and raise the wages---benefits are no different.
