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Brown Cafe UPS Forum
UPS Retirement Topics
retiree medical coverage going up
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<blockquote data-quote="kenco80233" data-source="post: 253216" data-attributes="member: 7860"><p>It will be a 5 year contract. UPSers will get $3.95 over the life of the agreement, raising the driver wage to $32.12 in the Denver area. </p><p> A jointly trusted UPS/Teamster Pension Plan will be established for future UPSers and to aid those currently in the Central States Plan. The agreement will restore all retirement benefits to previous levels as they existed in 2004 before Central States revised their benefits. The re-employment restrictions imposed by Central States will be lifted and retirees will be allowed to work any job they choose other than UPS for as many weekly hours as they wish. </p><p> Healthcare benefits for UPS retirees will be enhanced with the age of eligibility dropped from 57 to 55 years of age. There will be a $200 per person or $400 per couple monthly cost, but this price will not increase for the duration of your eligibility. I found this information on Brown.com,Don't know how reliable it is?</p></blockquote><p></p>
[QUOTE="kenco80233, post: 253216, member: 7860"] It will be a 5 year contract. UPSers will get $3.95 over the life of the agreement, raising the driver wage to $32.12 in the Denver area. A jointly trusted UPS/Teamster Pension Plan will be established for future UPSers and to aid those currently in the Central States Plan. The agreement will restore all retirement benefits to previous levels as they existed in 2004 before Central States revised their benefits. The re-employment restrictions imposed by Central States will be lifted and retirees will be allowed to work any job they choose other than UPS for as many weekly hours as they wish. Healthcare benefits for UPS retirees will be enhanced with the age of eligibility dropped from 57 to 55 years of age. There will be a $200 per person or $400 per couple monthly cost, but this price will not increase for the duration of your eligibility. I found this information on Brown.com,Don't know how reliable it is? [/QUOTE]
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retiree medical coverage going up
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