Union News & Announcements

Attached please find a copy of a personalized calculation sheet. They are individual sheets for both Tier I and Tier II.

Download Tier I calculation sheet
Download Tier II calculation sheet

This calculator was designed to show how the current proposed changes would impact you personally. There is a lot of information on the calculator such as:

• New weekly salary


• New yearly salary


• New weekly salary including the various increased healthcare deductions


• New yearly salary including the various increased healthcare deductions


• New weekly salary for May 2010 & forward reflecting additional healthcare increases


• New yearly salary for May 2010 & forward reflecting additional healthcare increases


• Your personal 401 losses.


• Your potential monthly pension loss


• Your potential yearly pension loss


• Your cumulative pension loss over the 20 years of average receipt

All that is required of you is to enter your gross weekly salary in the highlighted yellow box and the calculator will personalize for you. For the total annual loss, (aggregate losses due to proposed changes) you will need to enter the appropriate annual loss (denoted without healthcare loss or with the applicable healthcare loss) in the blue highlighted box. We have also added the additional loss for healthcare recipients expected beginning May 2010 that may also be used in the blue highlighted box for healthcare recipients to see their projected total loss after May 2010. Should you have any questions, feel free to email kathiedalton@verizon.net.

May 22, 2009