Kaiser Update: Pension & Wage Proposals

piggy bank (pink version) Kaiser proposes to keep current employees’ pension plan as is. Beginning January 2015, new employees will have a 403(b) plan instead.

Eliminating pensions hurts working families & our community.

You get to keep your pensions now. But what will happen during contract negotiations 3 years, 5 years, or 10 years from now?

Do you think new employees will fight for your pensions after you sold out theirs?

Don’t let Kaiser split us up! Unity = Power

In March, Kaiser proposed a 1% wage increase with no retroactive pay. They talk like they’re doing you a huge favor. But let’s look at the facts:

  • Kaiser made $2.6 billion in profits in 2012
  • 19 Kaiser executives make over $1 million in compensation per year
  • Kaiser is building clinics and hospitals all over California
  • Kaiser is opening 2 new clinics and renovating one in Hawai‘i, yet there is no increase in staffing in Hawai‘i

Do the math. This doesn’t add up!

Check out our Kaiser Leaflet PDF for a printable version of this.