To Our Retired Members

Posted on by

Exec. VP Angel Feliciano

Local 1101, CWA
275 Seventh Avenue (17th Floor) New York, NY 10001
(212) 633-2666 FAX: (212) 633-8337
E-Mail: feliciano@cwa1101.org

To Our Retired Members;

Clearly Verizon’s attack is not just on the middle class, or current employees. They have their sight on ALL of our retired Members. This makes this your fight as well.

If you look at their proposals, their goal is to reduce your standard of living. A company that has seen fit not to give our retirees a raise in over 25 years now wants to charge you for your benefits. and not by a few dollars, they want you to pay THOUSANDS of dollars a year for your medical benefits.

Their current proposal includes increased co-payments, increased out of pocket maximums, increased deductibles, and premiums that would eat a sizable chunk of your pensions. The chart below illustrates what they are proposing.

RETIREE MEDICAL – PRE-MEDICARE

PREMIUMS:

  • They range from $1,280.00 for single to $4,480.00 for family.

DEDUCTIBLES:

  • Increased in-network to $850.00 for single to $2,250.00 for family.
  • Increase out of network to $1,000.00 for single to $3,000.00 for family.

OUT OF POCKET:

  • Maximum increased to $2,000.00 for single to $6,000.00 for family.

CO-PAYS:

  • Increase to $25.00 for specialists, the Medicare co-pay to $10-15.

COVERAGE:

  • Reduce most in-network coverage from 100% to 80%.
  • Reduce most out-of-network coverage from 100% to 60%.
  • Post-Medicare is just as drastic.

Can you afford this? We think not!

We will not accept these proposals! But, we need you to get involved in this fight. We need you to help handbill the wireless stores and the public. We need you to write your elected representatives. We need you to bombard Verizon Executives, who make as much as $55,000.00 a day, with letters and e-mails. We need your voices being heard.

You helped build and pay for these benefits with your sacrifices! We need you to join us in this fight! Call the Local at 212-633-2666, let us know you are retired and want to help in the fight.

Together we can, and will win!

Angel Feliciano, Executive Vice President
Member,CWA Regional Bargaining Team