In a message dated 08/17/1999 8:28:50 PM Pacific Daylight Time, Jimmy Cardinal writes:
"trying to find out what it was as settled, that would have any bearing on us old retirees.... Jimmy Cardinal ret. local 52 53281"
Jimmy,
Here's the break down on how much... (taken from the MOU) B. Retirees: Subject to any appropriate reduction to be made with respect to a retiree whose pension benefit is determined under 3.011 of the ILWU-PMA Pension Plan. 1. The Employers will agree to provide for increased pensions payable from the ILWU-PMA Pension Plan for retirees as follows:
Effective with the pension payment for the month of July 1999,
Retiree Accrual Addition to Accrual Change Pension
Group rate Max Rate Max on Rate
Quali. 6/30/99 yrs
Before 7/81 $44/month 25 $4 frm44 to 48 $1,200
7/81-6/84 $39/month 30 $9 frm39 to 48 $1,440
7/84-6/87 $38/month 33 $10 frm38 to 48 $1,584
7/87-6/90 $38/month 35 $10 frm38 to 48 $1,680
7/90-6/93 $41/month 35 $7 frm41 to 48 $1,680
7/93-6/96 $69/month 35 $0 none $2,415
7/96-6/99 $72/month 35 $0 none $2,520
Jimmy I hope that helps you... Eddie Mondor 34835
