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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement insurance capped at 200K per year.
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<blockquote data-quote="Bustrbyte" data-source="post: 1189028" data-attributes="member: 5322"><p>I am union retired under 65. My Central States (Team care) is capped at $200,000 per year. I think it's been this way for some time. I received a letter from CS when I retired (last year)stating they had a waiver from new health law to exempt them from raising this cap. I expected that it would increase 1/2014 due to new health care law but the CS web site says cap for 2014 remains at 200K. I don't know of any retirees that have got a supplement to cover costs over 200K. Any thoughts on this? THX</p></blockquote><p></p>
[QUOTE="Bustrbyte, post: 1189028, member: 5322"] I am union retired under 65. My Central States (Team care) is capped at $200,000 per year. I think it's been this way for some time. I received a letter from CS when I retired (last year)stating they had a waiver from new health law to exempt them from raising this cap. I expected that it would increase 1/2014 due to new health care law but the CS web site says cap for 2014 remains at 200K. I don't know of any retirees that have got a supplement to cover costs over 200K. Any thoughts on this? THX [/QUOTE]
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Retirement insurance capped at 200K per year.
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