From “Chancellor’s
Comments to the Board of Trustees
April 7, 2005”,
page 2
“How CIP Would Work at City CollegesThis is how we would propose to implement CIP. Immediately upon retirement, all City Colleges’ retirees would be eligible to elect CIP-provided medical coverage. It is very important to note that we would continue the City Colleges’ insurance premium subsidy for the first 10 years following retirement. (emphasis in original) Let’s take a closer look at how CIP would work for our retirees.
1. Retirees inside the 10-year window. Retirees inside the initial 10-year window following retirement would receive CIP-provided medical/pharmacy, vision and dental coverage - very similar in quality to the current City Colleges program - at a cost to retirees which is virtually the same as they pay under the current City Colleges plan.”
Can we trust the Chancellor's subsidy pledge beyond the end of this contract?Every new contract is potentially a new ball game for all parts of it, of course. But it should not be any harder for our Unions to defend early retirement benefits in the form of CIP subsidies than early retirement benefits in the form of CCC subsidies. If what we all suspect is true, that the Board is going to save some money with CIP, than it ought actually to be a little easier to defend CIP subsidies. So the answer to the question is: it doesn't depend on the Chancellor's good faith what happens at the end of this contract. It depends on our Unions' ability to defend our benefits, whatever form they come in.
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