Xerox to cut benefits for non-union retirees

[TexasTowelie]

Xerox Corp. will end some company-sponsored health benefits for non-union retirees by the end of the year, according to several letters received by former workers at the document technology company.

Maria Leonardo, 61, of Perinton voluntarily retired from a three-decade stint in management at Xerox in 2015, after the company told employees that it was ending its corporate "Benefits Allowance" subsidy program for employees who retired after Dec. 31 of that year. Leonardo said she "jumped at the opportunity" to quit before December, so she would be guaranteed her subsidized health insurance.

But now, Xerox is reneging on that program. Leonardo received a letter on Oct. 3, alerting her that Xerox will end Benefits Allowance, which covers a little over half of her yearly health insurance premiums, she said.

“You entice me with a carrot, I take it, and now you’re telling me you’re taking it away,” she said.

Read more: https://www.democratandchronicle.com/story/news/2018/10/16/xerox-cut-benefits-non-union-retirees/1657590002/

[Sherman A1]

1. There is a special place for companies like this

[democratisphere]

3. Kodak and Xerox are only 2 of the Rochester, NY corporate disasters!

MAGA MY ASS!

[democratisphere]

2. Most corporations have no integrity specially when their mission

statement puts the corporate investor as the most important corporate consideration while employees truly no longer matter; both current and retired. With Bitchy Mitch's planned attack on SS, corporate lies and greed and most employees living paycheck to paycheck, the future for retirees looks bleak. The empire continues to sink into the abyss. I truly hate f'ing redumbliCONS!

[woundedkarma]

4. All you can expect ...

It happens even with the best unions.

My dad was UAW. Worked 31.5 years for a company in detroit. He left and he had health insurance and a good pension. A few years later they took his health benefits away saying it was just that one contract year that they have to screw over and gosh if he hadn't left that year he'd be fine.

My dad had a good job all that time and a big reason for that was the UAW.. it's such a shame that they completely screwed him over at the end.

[watoos]

5. Actually Xerox is just catching up

to what other companies did 25 years ago. This situation isn't about unions, it's about salary people who the company gave health care benefits when they retired as an incentive to get good people. Let me tell you, Owens Illinois used to do that too, but did away that 20 years ago. There's no way that unions can provide primary health insurance for retirees with today's anti-union climate and drop in union membership. I have a union sponsored insurance that supplements Medicare but let me tell you it has a $4,000 deductible.

Your dad should have had Medicare, correct? If his union was providing him with primary insurance I'm amazed it could afford to do that.

You think what Xerox did was bad, Mitch McConnell said yesterday that Republicans are coming after Medicare and Social Security because of their tax cuts for the rich. Keep bashing unions and vote Republican and don't get sick.

[rickyhall]

6. Just another reason for

Medicare & Social Security For All. But first, Republican Dominance must end.

[3Hotdogs]

7. My N.J. Public Employee Teacher's retirement health policy just got reduced in quality.

They are still paying for it but paying less for less coverage.