Central Pennsylvania Fund Cuts YRCW H&W Benefits

September 18, 2009. The Central Pennsylvania Teamster Health and Welfare Fund just announced benefit cuts that apply to YRC, Holland and New Penn Teamsters, due to the lower employer payments in the YRCW concession agreement.

The Fund created a new “Y” (for YRCW) benefit class, with lower dental benefits, higher prescription co-pays, lower life insurance, and disability benefits cut from $275 per week to $100. The Fund’s explanation of the cuts is available here.

Will other H&W follow suit and lower benefits for YRCW Teamsters because of the lower employer contributions to the plans? At this point we have not heard of other cuts.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Western Pennsylvania Supplement Out for Second Vote

Fifty seven percent of Western PA UPSers Voted No on the first proposed agreement, with 52% turnout. Now members are preparing to vote for the second time.

Third Quarter Financials: Central States Pension Bleeding - Congress Must Act to Protect Pensions!

The 2018 third quarter Financial and Analytical Report on the Central States Pension Fund shows that the Fund continues to bleed money, underscoring the importance of Congressional action this year to protect the pensions of millions of working families.

View More News Posts