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The lifetime maximum under the negotiated medical plan for early retirees will increase by $3,900 from $162,500 to $166,400, effective January 1, 2019, due to automatic adjustments based on medical cost inflation. The change affects members enrolled in the Railroad Employees National Early Retirement Major Medical Benefit Plan, GA-46000. This early retirement plan provides a
Read moreIn accordance with the IAM Constitution, their monthly per capita tax is increased by using the average of the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as published by the U.S. Department of Labor’s Bureau of Labor Statistics and the Canadian Consumer Price Index as published by
Read moreThe TCU Carmen Division Ratified the agreement with Keolis with 90% voting in favor. The new agreement will give TCU members a 16.5% wage increase over the course of 6 years, with full back pay. This includes TCU retirees and the beneficiaries of members who have passed away during the moratorium. “It was a two
Read moreSince the 2017 inception of the union-owned Union Plus Mortgage Company (UPMC), the program has expanded to several new states. Please remind your members UPMC offers mortgages to qualified active and retired union members, their parents and children. The Company acts as a broker to assist qualified applicants in obtaining mortgages from trusted lenders. Until
Read moreThis election is crucial for TCU/IAM members as we have a chance to elect our friends that will write critical legislation next Congress. On the ballot this November are a number of key issues for TCU/IAM members: Railroad Jobs (Clerks, Carmen, Intermodal, and others) Amtrak Jobs (Clerks, On-board Service, Carmen, and Supervisors), Long-Distance Train Service,
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