CUE-Teamsters told the University of California’s Board of Regents and UC President Mark Yudof today that their plan for benefit reductions unfairly targets lower income employees. The Teamsters hired an independent actuarial firm to review the data made available by the university. Results show that under the university’s plan, CUE-Teamsters will not only continue paying a higher percentage of their incomes towards benefits, but their benefits would be reduced while higher-income employees’ benefits would remain unchanged.

Read full article [here].
by CUE-Teamsters, PR Newswire.

Posted: November 17th, 2010, by: admin. Categories: . Awaiting Comments.