Question:
Any experience abou Vision Care Plan?
Answer:
If Delphi Corp. has its way, workers for the nation's largest auto
parts supplier would be paid as little as $9 per hour under 65% wage
cuts, and be hit with a tenfold increase in health-care costs, no
dental and vision care and other sharp reductions in benefits,
according to a proposal revealed on the Web site of a UAW local.
The document shows for the first time the severity of the cuts the
bankrupt company has told the union it needs to survive.
According to the proposal, Delphi wants new hires to accept wages as
low as $9 an hour, compared with $14 an hour today. The company wants
hourly workers making $25 to $27 an hour to accept wages between $9.50
and $10.50 an hour. Delphi also wants overtime to be accrued after
working a full week, as opposed to a full day.
Moreover, Delphi wants to freeze its pension plan and said it does not
want to accept new pension plan participants after Jan. 1.
Out-of-pocket costs for health care would increase to a maximum $5,000
a year for a family or $2,500 annually for an individual. That would
compare to the $500 per family and $250 per person workers currently
contribute to the company's traditional health care plan.
Aditionally, vision and dental benefits would be eliminated. The
company said it also would discontinue "current health care options"
but may offer other affordable plans in the future.
