Open Letter re retiree health costs
#12
And you voted YES without reading it????
27.I.3
"Effective with respect to credit hours paid on or after November 2, 2015, the Company will contribute to the VEBA $1.00, plus an addi- tional $0.05 on the first day of each November bid period thereafter, for each paid credit hour for each pilot having a Master Seniority List num- ber (which would otherwise be paid to the pilot in cash) as the pilot’s ongoing monthly contribution to the PRP/VEBA."
You read and understood this document when you decided to vote YES????
It is currently $1.15 /CH. $1,104/1.15$/CH = 960 hrs sounds like min guarantee for a year.
"Effective with respect to credit hours paid on or after November 2, 2015, the Company will contribute to the VEBA $1.00, plus an addi- tional $0.05 on the first day of each November bid period thereafter, for each paid credit hour for each pilot having a Master Seniority List num- ber (which would otherwise be paid to the pilot in cash) as the pilot’s ongoing monthly contribution to the PRP/VEBA."
You read and understood this document when you decided to vote YES????
It is currently $1.15 /CH. $1,104/1.15$/CH = 960 hrs sounds like min guarantee for a year.
#13
Gets Weekends Off
Joined APC: Nov 2016
Posts: 936
27.I.3
"Effective with respect to credit hours paid on or after November 2, 2015, the Company will contribute to the VEBA $1.00, plus an addi- tional $0.05 on the first day of each November bid period thereafter, for each paid credit hour for each pilot having a Master Seniority List num- ber (which would otherwise be paid to the pilot in cash) as the pilot’s ongoing monthly contribution to the PRP/VEBA."
You read and understood this document when you decided to vote YES????
It is currently $1.15 /CH. $1,104/1.15$/CH = 960 hrs sounds like min guarantee for a year.
"Effective with respect to credit hours paid on or after November 2, 2015, the Company will contribute to the VEBA $1.00, plus an addi- tional $0.05 on the first day of each November bid period thereafter, for each paid credit hour for each pilot having a Master Seniority List num- ber (which would otherwise be paid to the pilot in cash) as the pilot’s ongoing monthly contribution to the PRP/VEBA."
You read and understood this document when you decided to vote YES????
It is currently $1.15 /CH. $1,104/1.15$/CH = 960 hrs sounds like min guarantee for a year.
#14
I don't mind THIS VEBA either! But I knew what was written before deciding how to vote!
#15
Gets Weekends Off
Joined APC: Nov 2016
Posts: 936
Dude reread my post it was a simple question. I knew the VEBA went up. If anyone was a snarky it was certainly you.
Last edited by tomgoodman; 10-23-2019 at 07:50 AM. Reason: Language
#16
YOUR math shows you did NOT know VEBA went up!!!! Please explain otherwise?
BTW, I didn't throw any insults at you! Stay classy!
#17
27.I.3
"Effective with respect to credit hours paid on or after November 2, 2015, the Company will contribute to the VEBA $1.00, plus an addi- tional $0.05 on the first day of each November bid period thereafter, for each paid credit hour for each pilot having a Master Seniority List num- ber (which would otherwise be paid to the pilot in cash) as the pilot’s ongoing monthly contribution to the PRP/VEBA."
You read and understood this document when you decided to vote YES????
It is currently $1.15 /CH. $1,104/1.15$/CH = 960 hrs sounds like min guarantee for a year.
"Effective with respect to credit hours paid on or after November 2, 2015, the Company will contribute to the VEBA $1.00, plus an addi- tional $0.05 on the first day of each November bid period thereafter, for each paid credit hour for each pilot having a Master Seniority List num- ber (which would otherwise be paid to the pilot in cash) as the pilot’s ongoing monthly contribution to the PRP/VEBA."
You read and understood this document when you decided to vote YES????
It is currently $1.15 /CH. $1,104/1.15$/CH = 960 hrs sounds like min guarantee for a year.
the 960 does include some OT
Last edited by LunkerHunter; 10-23-2019 at 08:13 AM.
#18
Gets Weekends Off
Joined APC: Nov 2016
Posts: 936
I guess I should have put approximately in there for the haters. Did you question flying boxes on his incorrect assertion that 960 is guarantee through 15 October? Come back when you have something substantive.
#19
Gets Weekends Off
Joined APC: Jan 2014
Posts: 425
Are you guys at purple impacted by this or is it just corporate employees? Article says big changes in medical coverage in 2020 including surcharges for spouse and no benefits for domestic partnerships.
“Surcharge for spouses added
If an employee’s spouse declines medical insurance offered through his or her own job in favor of FedEx’s health plan, the employee will pay a $150 surcharge every month, according to a document summarizing the benefits changes.
According to a 2019 survey from professional services network PricewaterhouseCoopers, the median surcharge for spouses with coverage access through another employer is $100 a month.”
https://www.google.com/amp/s/amp.commercialappeal.com/amp/4052248002
“Surcharge for spouses added
If an employee’s spouse declines medical insurance offered through his or her own job in favor of FedEx’s health plan, the employee will pay a $150 surcharge every month, according to a document summarizing the benefits changes.
According to a 2019 survey from professional services network PricewaterhouseCoopers, the median surcharge for spouses with coverage access through another employer is $100 a month.”
https://www.google.com/amp/s/amp.commercialappeal.com/amp/4052248002
#20
Are you guys at purple impacted by this or is it just corporate employees? Article says big changes in medical coverage in 2020 including surcharges for spouse and no benefits for domestic partnerships.
“Surcharge for spouses added
If an employee’s spouse declines medical insurance offered through his or her own job in favor of FedEx’s health plan, the employee will pay a $150 surcharge every month, according to a document summarizing the benefits changes.
According to a 2019 survey from professional services network PricewaterhouseCoopers, the median surcharge for spouses with coverage access through another employer is $100 a month.”
https://www.google.com/amp/s/amp.com...amp/4052248002
“Surcharge for spouses added
If an employee’s spouse declines medical insurance offered through his or her own job in favor of FedEx’s health plan, the employee will pay a $150 surcharge every month, according to a document summarizing the benefits changes.
According to a 2019 survey from professional services network PricewaterhouseCoopers, the median surcharge for spouses with coverage access through another employer is $100 a month.”
https://www.google.com/amp/s/amp.com...amp/4052248002
Thread
Thread Starter
Forum
Replies
Last Post