Translation: You can't retire from Trimet till you hit medicare age. It's a huge hit to trimet union employees.
Trimet will not bargain, they will get what they want 1 arbitration at a time
ATU
757 and TriMet completed 150 days of bargaining on February 4, 2014 and
TriMet immediately requested mediation through the Oregon Employment
Relations Board, the last required step before arbitration. TriMet has
refused to schedule any further negotiation dates with the Union.
This
is one of a series of negotiation updates to highlight the major issues
in dispute between TriMet and the Union, with TriMet proposing major
take-a-ways in wages and active and retired member healthcare, and a
take it or leave position or arbitration.
The
following is TriMet's healthcare proposal affecting employees with 10
or less years of service at the time of ratification or arbitrator's
award:
Employees
who meet the qualification for full retirement on or after the first
day of the month following ratification by both parties or following
contract award pursuant to interest arbitration and retire on or after
that date shall be eligible only for single coverage under the
District's medical, prescription drug, dental and vision benefits until
reaching age 65, at which time coverage shall end. During this period of
coverage, the District will pay 50% of the District's defined
contribution.
Current
retired members receive full coverage, 100% of the premium cost paid by
the District including District paid Medicare B premiums. What
this means for those with less than 10 years of service when new
contract becomes effective and retires before reaching age 65:
If you are vested and under 65 by retirement, you will be paying the following amount:
The
current PPO premium cost for a retired employee plus spouse is $1605.
TriMet will only pay $382. The retired member out-of-pocket cost will be
$1223. If the retired member pension is $1600 a month, after paying for
member and spouse insurance costs of $1220, the take home monthly
retirement pay will be $380. This is for an 80/20 insurance plan, $600
deductible and employee premium cost of 6%. Those enrolled in the Kaiser
plan will cost the employee approximately $200 less.
Since
TriMet will not provide coverage after 65 years of age, so the retiree
and spouse will pay out-of-pocket about $580 for Medicare B premiums and
a market available Medicare supplement plan.
And
TriMet's wage offer for a three year contract is to eliminate COLA and
give no wage increase the first and second year, and a 3% increase in
the third year of the contract.
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