UPS Health Benefits Shock for Retired Union Employees

Discussion in 'UPS Discussions' started by kumet, Dec 29, 2012.

  1. kumet

    kumet Member

    hey. i just got a letter saying my retiree med insurance is going from 50 a month to 742.50.ouch 25% of my pre tax pension

  2. wgf46

    wgf46 Member

    ups health and welfare package for retired employees

    Crazy !

    HEFFERNAN Huge Member

    Are you sure it's not $600/a year to 742.50

    That would make much more sense
  4. trickpony1

    trickpony1 Well-Known Member

    Yup.....and it's probably gonna get worse.
    You might thank all those who voted for the messiah for this.
  5. moreluck

    moreluck golden ticket member

    Thankyou Obama !! May I have another, sir?

    Maybe you need to look at it in context. If a member of your family needs chemo....maybe many months runs $11,000.00 a session was $9,000 in 2009. If they need 8 or 10 months worth, you are talking a ton of money. Makes $700.00 seem like little to pay. Thank goodness for coverage!
  6. The Milkman

    The Milkman Well-Known Member

  7. bbsam

    bbsam Moderator Staff Member

    harder to by hysterical about that.
  8. upsrogue

    upsrogue New Member

    I got the same letter. The price of $742.50 (for families) is per month billable in quarterly installments so Aug. 1 your insurance payment will be $2227.50. My initial take is that this is a contract negotiation ploy (contract expires Aug. 1) or UPS is counting on people to drop coverage in favor of Obamacare. The price doesn't change when you qualify for medicare, even though your coverage does. That means a husband and wife will be paying $495 per month for a medicare supplement.
  9. moreluck

    moreluck golden ticket member

    Supplements in Medicare are all different prices depending which you choose. A through F, plus others.
  10. kumet

    kumet Member

    will have to look into that.Not many of us can wait till medicare age to limp out of package car.
  11. kumet

    kumet Member

    the other guy and his buddies would have been much worse.
  12. kumet

    kumet Member

    thankful for sure . happy, not so much
  13. kumet

    kumet Member

    contract is up that year, would be a good ploy.
  14. brownmonster

    brownmonster Man of Great Wisdom

    $50 a month was too good to be true to begin with. Ours is roughly $500 a month now on a 3K pension. I assume it will be $1000 a month by the time I retire. So be it, I should have no other bills.
  15. DorkHead

    DorkHead Active Member

    That`s odd. I`m on Teamsters health care plan, not UPS`s. I didn`t get a letter.
  16. Dracula

    Dracula Package Car is cake compared to this...

    Yeah, because if Romney would have been elected, we all would have gotten discounts on our insurance.
  17. The Milkman

    The Milkman Well-Known Member

    Health Benefit Shock

    I retired on Jan 1st 2008 with over 25 years of service..My pension was decent and my health benefits that were explained to me before I retired were to cost me only $50.00 a month..Yes only $50.00 a month..I switched over my plan a few years before my retirement to keep the same benefits..Yes I do see from other posts that other regions of this country pay a lot more than our local 177 in New Jersey..Well I got a letter today saying that on August 1st 2013 that my $50.00 will now jump to $742.50.....What are you kidding me!! I figured that maybe someday there would be a slight increase sometime before my 65th birthday, but this amount floored me..I guess UPS will eventually have an all P/T workforce with no benefits someday the way they are going..Little by Little inside F/T Jobs are red circled and then replaced by P/ter's..While the Fat Cats in Atlanta call the shots enjoying their Fat Checks and Stock options off the backs of all the Brothers and Sisters who have made this company the Global Giant it is today, it saddens me that GREED again rears its ugly head..Lets just squash the little guy, the drivers now are nothing and have been nothing for years but a number, especially after going public..

    So what do all those who still have kids and are planning on retiring in the next yr or so to do? Work till they drop dead on the Job? Yeah a lot of late 50 and early 60's guys who are already beat up from all the yrs driving. The old cars with no Power steering and high steps that have beat them down in the earlier years...Can they finally retire and recieve the benefits due them that for all those years and years of monies deposited into the benefit package on their behalf?? Seems like UPS forgot that they would not be where they are today without what Team Brown did for them..

    Sad day for America again....Again I don't mind an increase but such a HUGE jump makes me wonder..I have 4 more yrs before 65 so I can wing it.....How would people feel if gas one day was $3.00 bucks a gallon then the next day it was $30.00 bucks a gallon??? I still feel that my pension and benefits for the most part are better than many out there, but in due time........... The Once Great Place to Work with Good Benefits will just fade away and be a distant memory in the minds of those who can remember the old saying "UPS is owned by its managers and Managed by its Owners" R.I.P.:sad2:
  18. oldupsman

    oldupsman Well-Known Member

    Rogue, did you just turn 65?
  19. oldupsman

    oldupsman Well-Known Member

    Re: Health Benefit Shock

    Milkman, Aug 1st is when the contract is up. I'm in the same position you are. Now I was always under the impression, and feel free to correct me if I'm wrong,
    that the health care was part of the contract. UPS can not change this unless it's agreed to in the contract. This could just be part of the negoiations. They scare the retirees
    to go running to their locals. And they use that to get concessions somewhere else. Or still get an increase in the premium, but maybe not that much. I'm not going to panic
    yet. But that Aug 1st date isn't by accident.
  20. Camping Nana

    Camping Nana Member

    Re: Health Benefit Shock

    I see you are located in Arizona. Did you work in Arizona as a driver? Or did you move to AZ after retiring? Isn't Arizona part of the Teamsters Western Conference? Our medical insurance is $75 per month each ($150 for both of us) and we recently received a letter stating that our insurance would remain the same. DH was in Northern CA while working so maybe there was a NorCal "rider" that had to do with our insurance. ???

    Forgive me... I just went back and re-read your original post. You must have been a driver in New Jersey?