Site Map Icon
RSS Feed icon
 
 
 
May 05, 2015
Action Center
What's New at UAW 2200
Notice of Election for POOL West Side Steward
An election for the position of POOL Steward-West Side will be held at the UAW LU 2200 office at Main Library on Tuesday, May 12th from 9:00am -7:00pm. Read More...
Download: Election Notice 051215.pdf
Sergeant At Arms Officer Elected By Acclamation
On Friday, April 10, 2015, Barbara Parker was elected by acclamation to serve the office of Sergeant At Arms. Read More...
Download: Election results 041015.pdf
Memorandum of Understanding (Settlement) Dec. 19, 2014
The purpose of this MOU is to describe a mechanism for settlement of various employee and retiree-related claims against DPL, which mechanism the Parties agree to pursue and fully support, upon the POA becoming effective, under the terms described below. Read More...
Language of MOU Settlement Terms ratified 11/3/2014
FYI.  Attached is the language of the MOU Settlement Terms ratified by members of APL, POOL and STU on November 3, 2014.
 
The next step is for the class action lawsuit to be filed by the Library.  It has to be settled by July 1, 2015.  I will provide more details once informed by our attorney for the UAW.

In response to questions posed by members:

Annuity Clawback
Today the judge ruled on the bankruptcy.  It is expected that details on paying the annuity clawback will be revealed by the GRS (General Retirement System).  From what the GRS has said in the past:
- If you haven't taken your money out of your GRS Annuity account yet, the clawback amount will be debited from your existing annuity account.
- If you have taken your money out of your GRS Annuity account (working or retired), you will be given the option of paying the clawback in a lump sum by a certain date or having the clawback amount taken out of each of your pension checks proportionally (with 6.75% interest) for your lifetime.  
- When the GRS announces the details, I will post.  
- GRS is located at 500 Woodward Ave., Suite 3000, Detroit, MI  48226. Telephone 313-224-3362 or email www.rscd.org
 
Should I retire before the end of the year?
Per the settlement terms, those who are currently retired or will be retired by December 31, 2014, are called Pre-2015 retirees.  If this applies, you will be included in the City's VEBA plan and you  will receive $875.00 (up to $1475.00) annually (for 17 years) from the Library for health care (details to be determined).
 
Note:   health care costs are an important factor is determining whether or not to retire.  If you are eligible for Medicare now or will be by the end of the year, you may want to evaluate whether or not to retire by the end of the year.  I would personally suggest that you (or a financial advisor) compare the financials for retirement by the end of the year vs. retirement after the end of the year.     
 
The GRS will provide you with a "Benefit Estimate" statement upon request by phone or in person.
You will also need to contact DPL's HR dept. to obtain a "Retirement Notice" letter (this letter can be withdrawn if you decide not to retire before the dates requested go into effect).  
 
What if I retire after the end of the year? 
Per the settlement terms, those who retire after the end of the year, beginning January 1, 2015, are called Post-2014 retirees.  If this applies,you will not be included in the City's VEBA and you will not receive $875.00 (up to $1475.00) annually (for 17 years) from the Library for health care costs.  You will receive $125.00 a month from the Library for 5 years from the date you retire if you retire before the CBA (Collective Bargaining Agreement, AKA "the contract") expires June 30, 2017.  
 
I hope this helps.  Laurie Stuart, President, UAW LU 2200 

Download: MOU as emailed to Local 2200 102714.docx
Results of Ratification Vote

Members of UAW LU 2200 voted to accept the settlement with a vote of 36 to 6.

The results were as follows:

STU -     4 accept, 1 reject

POOL - 22 accept, 4 reject

APL -   10 accept, 1 reject

I will forward the results of the ratification vote to UAW Region 1 and let you know what the next step is after I hear from them. 

Thank you to all who participated in the process.

Laurie Stuart, President, UAW LU 2200

 


Download: MOU as emailed to Local 2200 102714.docx
Member Login
Username:

Password:


Not registered yet?
Click Here to sign-up

Forgot Your Login?
Site Search
Site Map
RSS Feeds
<< May 2015 >>
S M T W T F S
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31
Google
Weather Report
 
 
UAW local 2200
Copyright © 2015, All Rights Reserved.
Powered By UnionActive™

31758 hits since Jun 23, 2011
Visit Unions-America.com!

Top of Page image