Are you a sadist?
UPS CUTS PART-TIME WORKERS PAY BY 1/3
- Thread starter chasces
- Start date
UnionStrong
Sorry, but I don’t care anymore.
If you are still active you stay on your Company's Health and Welfare coverages (Medicare becomes your secondary) when you retire after age 65 you are dropped and then start Medicare as a primary. Under Team Care you have no supplemental coverage once you turn 65 as a retiree. A ton of people are going to stay way past retirement age just because of their Health and Welfare packages being superior to the Medicare program, especially if you, your wife or children have medical issues.
I just saw one part timer stay past 70 1/2 and be able to collect their wages, SS and pension benefits. I am currently collecting SS and active and 3 years away before I (have) to collect my pension benefits if I work past 70 1/2.
triple dipping...
KearsargeCoop
Baseball, dart board
What's the benefit of eliminating insurance for part timers?
Health insurance is very expensive
KearsargeCoop
Baseball, dart board
For the company, so I was asking burrhead where he benefits from it. Was a serious question.
I don't think most people know how much the benefit package we have from UPS cost the company
Swanson
Henry Swanson's my name, and excitement's my game.
Perhaps ups isn't making enough money
Better profits not a bigger company
DELACROIX
In the Spirit of Honore' Daumier
I don't believe that it will happen, too many other companies in competition with UPS for good employees. The Company has to pay Team Care for an example a weekly monetary contribution per employee to provide Health Coverages. I believe that for a full timer it is around 500 dollars weekly, for a part timer around 350, the Company save roughly 150 a week by keeping that individual part time.
The pension disparities are far greater particularly if you are under the Central or Southern, the part timer's pension plan quits at 35 years at a fixed amount, no further raises. Full Timers can continue to accrue increases the more years they work, in fact it never stops growing as you age.
But do these other companies offer pension?
You feel a lot more if it wasn't for the cost of the benefit package
DELACROIX
In the Spirit of Honore' Daumier
Most of the major corporations and/or companies provide a 401k, some actually match it for a couple of years.
Pensions are heading to extinction from all the indicators.
Pensions are going away of air saver commits
burrheadd
KING Of GIFS
They want more per hour cut the insurance and give them a raise
Just A UPS Guy
Bully.
Cutting off the PT insurance would come at a cost to the full-timer. Those contributions to the health plan keeps us from paying premiums, and for the West/177 having any deductible.
Just say some cash for next July
Just A UPS Guy
Bully.
Already in the bank.
It could be ugly
Swanson
Henry Swanson's my name, and excitement's my game.
ok some cash
Swanson
Henry Swanson's my name, and excitement's my game.
can you imagine the country a year from now even if the contract is smooth?better cut a hole in your bed and stash all the biden bucks you got.
They won't allow us to go on strike
UPS delivers 6% of GDC
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