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UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="kumet" data-source="post: 1074418" data-attributes="member: 1080"><p><strong>Re: Health Benefit Shock</strong></p><p></p><p>ups retirement plans are different all over the country. I had to leave ups in 07 at 55 ,30 years as a driver in So Cal. Back and shoulders are used up. I opted for 36K a year. that option will provide some income for my wife when i die. Our insurance was 50 a month. Dental optical and medical included. not as good as it was when i was employed.I had been researching retirement benefits and some how i never saw that my insurance cost might increase and definitely not go from 50 to 750 in one year. Big shock . thought cheap insurance was a negotiated benefit. three of us in the family .anyhow, I didnt have the choice to work longer.Hopefully it is just a contract negotiation ploy. Cant see employes who hope to retire from ups signing a contract with this .</p></blockquote><p></p>
[QUOTE="kumet, post: 1074418, member: 1080"] [b]Re: Health Benefit Shock[/b] ups retirement plans are different all over the country. I had to leave ups in 07 at 55 ,30 years as a driver in So Cal. Back and shoulders are used up. I opted for 36K a year. that option will provide some income for my wife when i die. Our insurance was 50 a month. Dental optical and medical included. not as good as it was when i was employed.I had been researching retirement benefits and some how i never saw that my insurance cost might increase and definitely not go from 50 to 750 in one year. Big shock . thought cheap insurance was a negotiated benefit. three of us in the family .anyhow, I didnt have the choice to work longer.Hopefully it is just a contract negotiation ploy. Cant see employes who hope to retire from ups signing a contract with this . [/QUOTE]
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UPS Health Benefits Shock for Retired Union Employees
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