a massive legal pyramid scheme........you pay into it, and if you retire early or quit or get fired or get laid off, only a portion of the benefits go to you, if anything, because you only receive your VESTED amount based on years of payment into it. If you haven't fulfilled the contract requirement of a certain number of years VESTED, the balance gets divided up among the rest of the employees who are left under that same contract....and that includes any employERS who are also in it; however, most employERS have their own system in place that probably got shut down once the unions put theirs in instead. One by one only the top few remaining are the ones to collect the entire VESTED amount based upon years of service and amount paid into it.
Anything less than five years' service, you can pretty well count on being screwed out of. Supposedly there have been a few 'laws' enacted that allow you to transfer your pension/healthcare benefits from one union to another, but most times, you end up with a COBRA letter telling you that you can switch your healthcare to another account for FAR more money as an individual with less coverage than you had before (no prescriptions, no dental, no eyecare, and less total medical/hospital/doctor care than you were used to having).
I had a great Blue Cross/Blue Shield group policy with a company I worked for.....when I left their employ, I was pregnant (no maternity leave at that time and no promise of getting the same job back when I was able to go back to work...company policy indicated I had to quit at six-months pregnant and not return for reconsideration for the job until after a six-week checkup). I actually was forced into taking a job with a temp agency, wear an extremely tight girdle and baggy clothes to hide it, and never let on to anywhere they sent me because of possible lawsuits. This was just to be able to keep surviving for the four months it would take to give birth and try to get my old job back....which I didn't get.
I had to transfer my hospitalization to an individual family account so I lost the group rate and jumped from $120 per month for 100% coverage to $400 per month premiums for 80% coverage......lost the dental, prescriptions, eyecare, and most of the normal benefits for Derek when he was born. I had to pay separately for his circumcision (not covered) and had to pay for the three days he was in the hospital with me before I was released. Their explanation was that HE had checked out fine and could have gone home after the first day, but he was waiting for ME to be released......therefore, I was charged the RENT for the room and staff for him.
This was all in a UNION secretarial pool at Joseph & Feiss/Cricketeer in Cleveland......they made men's suits with a Sears label.
I worked for an office that had a union shop.....I was covered under their pension plan/hospitalization program. I was there for nine years......when I left, I got a notice from the company that because I had left before I had a total VESTED pension, there was $86 available to me upon my retirement at age 62. I'm a few years away from getting that.....wonder if any interest has accumulated over the last 35 years to make it worth the effort of filing for the money?
TONI