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Trouble brewing in chicago!
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<blockquote data-quote="Channahon" data-source="post: 470539" data-attributes="member: 7666"><p>The average annual cost per participant in the UPS Health & Weifare Package for Retired Employees has exceeded $6,250. <strong>Under the terms of the Plan, each retired employee will be required to share equally in the cost above the $6,250 maximum</strong> by making an additional contribution.This additional contribution is effective February 1,2009.</p><p> </p><p>The <u><em>key issue</em></u> is what is written into the benefits plan and was agreed upon by UPS and the Teamsters. </p><p> </p><p>Is there anything written into the plan, that states <u>no increases in benefits costs will ever be assessed to retirees? </u></p></blockquote><p></p>
[QUOTE="Channahon, post: 470539, member: 7666"] The average annual cost per participant in the UPS Health & Weifare Package for Retired Employees has exceeded $6,250. [B]Under the terms of the Plan, each retired employee will be required to share equally in the cost above the $6,250 maximum[/B] by making an additional contribution.This additional contribution is effective February 1,2009. The [U][I]key issue[/I][/U] is what is written into the benefits plan and was agreed upon by UPS and the Teamsters. Is there anything written into the plan, that states [U]no increases in benefits costs will ever be assessed to retirees? [/U] [/QUOTE]
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