Sunday, August 14, 2005

Cutting of the 2% COLA

From Anonymous:

Question to UCDC.EDU Washington, DC

Dear Sir,

Please see the attached .ppt presentation. It clearly states on page 15 paragraph two that if a UC employee does not retire before the new contract takes over he or she will not be a retiree of the UC system. This consequently means that they will not get the 2% COLA now or in the future. We at LLNL have heard that the UC system had intended to get rid of the 2% COLA not only for us new retiree but to all that had retired before us as part of a cost cutting agenda. Is this true? I and 2,900 other people at LLNL need to know this in order to make plans.

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?