Union, Lockheed Martin Agree To More Out-Of-Network Health Care Coverage, Dropping Pensions For New Workers
A Lockheed Martin union has agreed to eliminate pensions for new employees in exchange for a health insurance option that covers out-of-network services. In the meantime, the Supreme Court will hear a case on benefits for US Airways workers.
The New York Times: Union Panel Urges Approval Of Lockheed Contract
A bargaining committee for the union machinists on strike at Lockheed Martin's fighter jet plant in Fort Worth has recommended that members vote for a new contract that would eliminate traditional pensions for newly hired employees, according to a summary posted Monday on the union's website. … Lockheed agreed, in turn, to add a health insurance option that covers out-of-network services (Drew, 6/25).
Arizona Republic: Justices To Hear US Airways Work Insurance Case
On a day when Arizona was in the news over the U.S. Supreme Court ruling on the state's immigration policy, the high court also made a decision affecting US Airways, agreeing to hear a workplace-benefits case involving the Tempe-based airline. At issue is a dispute over who should receive money collected from third parties after an automobile accident: the employee who was seriously injured or US Airways, as fiduciary and administrator of its employee health-benefits plan? (Wiles, 6/25).