Employers Propose Major Reductions
Our pension plan is the envy of registered nurses around the country. It is a benefit that we negotiated years ago and have worked hard to protect. Many of us have worked for years in our hospitals, providing quality patient care every day, and deserve a pension that will allow us to retire when we are ready.
Pension bargaining with our employers got under way on Friday, March 5. We proposed moderate improvements to our pension. Our employers, on the other hand, proposed three major reductions in pension benefits.
- Improve the benefit formula to provide an accrued benefit each year equal to two (2) percent of nurses’ W-2 earnings.