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LLNL Retiree Settlement

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By scooby
Where are the actual details of how the LLNL Retiree Settlement will be implemented? This surely must be a public document currently available now or in the very near future. I want to see the formulas used to calculate the payments I and whoever else wants to see what they are eligible for. Trust but verify.

LLNL retirees currently receive $2450/year to draw from to cover the cost of medical premiums. That is not enough to fully cover Kaiser Senior Advantage premiums and there is a shortfall every November or December. Who knows how much a current vested UC retiree who worked on one of the UC campuses gets to draw against? Surely this number is greater than $2450/year. If current vested UC retirees receive much more than $2450/year how will this be addressed?

Comments

Anonymous said…
The question "If current vested UC retirees receive much more than $2450/year how will this be addressed?" was answered at the time of the contract change. Remember the phrase SUBSTANTIALLY EQUIVALENT?

Your subsidy runs out in November - well you've gotten 80% of your premiums covered which a lot of people would consider a good deal. UC fought this case tooth and nail, don't expect them rush out with a silver platter. What we learned from this is that as employees of Los Alamos and Livermore, we were the red headed step children, tolerated but not really part of the family.
8/02/2020 9:21 AM
Unknown said…
When will the settlement checks be mailed? My understanding is that they were supposed to go out in July, and we did confirm with Archer that they got our paperwork, but we have cobwebs in our mailbox instead of a check. Has anyone gotten theirs yet?
10/28/2020 10:34 AM
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