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Brown Cafe UPS Forum
UPS Discussions
UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="willybad" data-source="post: 1081426" data-attributes="member: 45356"><p>it's $50 to $495,almost 10 times what we're paying now.but ,i was wondering the same thing.was the company making money till it hit the $6250 mark?even if they weren't making money,this was the number they decided they could afford.10 times the insurance premium should equal 10 times the insuarance coverage.so in august they will start taking enough money from us to pay $62,500 medical cost per retiree,per year.do the math.$62,500 minus $6250 equals $56,200 per retiree,per year.u.p.s. profits should be right up there with the oil companies next year.top management should be able to take a huge raise,a huge bonus,and the shareholders will still be happy.unless, they are retired teamsters that spent most of their life working for u.p.s. and have to go back to work or starve now.</p></blockquote><p></p>
[QUOTE="willybad, post: 1081426, member: 45356"] it's $50 to $495,almost 10 times what we're paying now.but ,i was wondering the same thing.was the company making money till it hit the $6250 mark?even if they weren't making money,this was the number they decided they could afford.10 times the insurance premium should equal 10 times the insuarance coverage.so in august they will start taking enough money from us to pay $62,500 medical cost per retiree,per year.do the math.$62,500 minus $6250 equals $56,200 per retiree,per year.u.p.s. profits should be right up there with the oil companies next year.top management should be able to take a huge raise,a huge bonus,and the shareholders will still be happy.unless, they are retired teamsters that spent most of their life working for u.p.s. and have to go back to work or starve now. [/QUOTE]
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