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Please tell me what pension/medical retirement benefits you get from your hospital employment??
We are ready to start union RN contract negoitiations at our hospital and we know this is a big issue since most nurses are in their 40s and have never had these benefits. We do have a 403K pension program, BUT, the hospital only matches 6% which could be only $3000/yr depending on your salary. Pretty poor, in our opinion and NO medical benefits other than medicare if you survive work to be eligible at the age of 67.
What is wrong with this picture???? This is something also the public and your politicians are not informed of. They somehow think the hospitals take care of their own!!! What should we do about that????
1. Pensions: Take a self-guided tour of the NYSNA Pension Plan.
http://www.rnbenefits.org/NYSNA/Pension/pension%20plan.htm
2. Retiree health/medical benefit:
Staten Island Hospital/NYSNA: "In an effort to retain its more experienced nurses, the hospital has agreed to provide nurses with up to $4,000 per year to pay for health care coverage after they retire".
Columbia Presybeterian/NYSNA: "Retiree health - Recognizing that health care coverage is an important issue for veteran registered nurses, this contract will provide retiring RNs with up to $2,500 each year tax free to cover the cost of purchasing health insurance".
Westchester Medical Center/NYSNA: "Retirement Health - Westchester Med nurses will be eligible for the state-sponsored plan that will provide them with health benefits into their retirement once they've worked at the medical center for five years."
St Vincents/NYSNA: "Retirement - The hospital will offer nurses with 20 years of service an option to retire at age 60 with no reduction in retirement benefits. It will also provide nurses who retire after Dec. 31, 2004 with $2,500 per year to buy health insurance. Nurses will be eligible to receive this cash supplement until they become eligible for Medicare".
Mt Sinai/NYSNA: "Retirement health coverage - Registered nurses' jobs are physically demanding and regularly place them at risk of exposure to disease. Many RNs would retire earlier than age 65, but can't afford health insurance. This contract would make health coverage available to retiring nurses age 62 with 10 years service, and would be available even after they become eligible for Medicare."
St Catherine's/NYSNA: "Retiree health - Starting in January 2003, nurses between the ages of 60 and 65 with 20 years of service will receive $2,500 per year to purchase health insurance until they are eligible for Medicare".
ohbet
386 Posts
Iv been working here along time,so I have a pension fund,I also invest in something called "Defered Compensation",which is mutal fund,tax defered plan,nothing matched by employer,which has really took a beating the last two years,but Ill fall back on the pension fund and if that fails,then Ill fall back on my hope of an after life.