Union holding monthly fee from pension paycheck

Discussion in 'UPS Union Issues' started by Saskuach, Dec 18, 2019.

  1. Saskuach

    Saskuach New Member

    Hi, Im about to retire. My coworkers who already retired are complaining that the union is still holding $70 of their pension paycheck. Anyone knows anything about this issue?? Thanks
     
  2. Indecisi0n

    Indecisi0n Well-Known Member

  3. burrheadd

    burrheadd KING Of GIFS

    you realize there are many different pension plans
     
  4. UpstateNYUPSer

    UpstateNYUPSer Well-Known Member

    Off the top of my head it sounds like the $70 may be going toward your healthcare.
     
  5. Mugarolla

    Mugarolla Light 'em up!

    In the UPS/IBT Pension plan, if you elect to take the retiree medical insurance, the premium is deducted from your pension check.
     
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  6. oldngray

    oldngray nowhere special

    It depends on the local. I am in the UPS/IBT Pension plan but have different insurance than most. I get a bill from UPS quarterly.
     
  7. Mugarolla

    Mugarolla Light 'em up!

    Should have said Teamcare retiree insurance.

    Although, the OP said they are withholding $70. That would be cheap insurance since most pension checks are monthly.

    $70/mo for insurance? Where do I sign up?
     
  8. UpstateNYUPSer

    UpstateNYUPSer Well-Known Member

    Ours is $150 single/$300 married.
     
  9. brownelf

    brownelf Active Member

    $200/$400 here Teamcare, you're getting a deal.
     
  10. bowhnterdon

    bowhnterdon Active Member

    All you guys are getting a good deal. JC 83 Virginia...$580 for yourself, $680 including your Spouse....
     
  11. UpstateNYUPSer

    UpstateNYUPSer Well-Known Member

    Have you checked out the marketplace? You MAY be able to do better buying your own coverage.
     
  12. Saskuach

    Saskuach New Member

    I have read all your comments, but that $ 70 deduction is not for some type of medical insurance. The union tells us that this money will be returned later with the union pension.
    But if I am already retired and I am not a member of the union, the union should not continue to withhold money. That’s my point
     
  13. Maybe your plan had a pension cut?
     
  14. UpstateNYUPSer

    UpstateNYUPSer Well-Known Member

    Is the pension run by the company or union?
     
  15. What'dyabringmetoday???

    What'dyabringmetoday??? Well-Known Member

    Perhaps the people that are holding this money can offer some insight.
     
  16. brownmonster

    brownmonster Man of Great Wisdom

    It's easier to come to BC and get 27 different wrong answers.
     
  17. Jones

    Jones fILE A GRIEVE! Staff Member

    I'd take that. $660 apiece at 55, drops down to $440 apiece at 60.
     
  18. bowhnterdon

    bowhnterdon Active Member

    Sad.. Same Company,same Union, and prices all over the map...
     
  19. oldngray

    oldngray nowhere special

    Which is why you can't get a good answer about it from HR. All they know is to parrot what their one size fits all script says and are clueless about all the different plans.
     
  20. UpstateNYUPSer

    UpstateNYUPSer Well-Known Member

    Before you start a GoFundMe for him, keep in mind that his pension is among the highest in the country; that being said, $1,320/month is a LOT to pay for healthcare coverage.

    I have to wonder how many his fellow retirees have decided to take their chances and opt out of coverage.