Avaya Bargaining
Update #2
May 2, 2006
IS IT GREED OR JUST INCOMPTENCE?????????????????
Today's session began at 8:00am. The Company passed two proposals; one on retiree health care and another on pensions.
On retiree health care the company proposed plan changes that would increase by more than 100% the co-pay for office visits, hospital admissions and mail order prescriptions. The company also has introduced monthly premiums in excess of $500 along with increasing the annual out of pocket maximum from $2000 to $5000 and changing the coinsurance which is covered at 100% today to 70%/30%. The proposal also eliminates dental coverage for retirees and their dependents.
On pension the company proposed no increase to the bands and the elimination of the death benefit of one years pay to a surviving spouse which is paid out of the pension fund. The company also wants to change the survivors’ option formula and to remove language that allows the Union to negotiate future retiree medical caps.
In Unity,
Your Bargaining Team
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