1 day ago
Current Opt Out Payments to Eligible Members
At the contract ratification meeting on May 5, 2026, we discussed the terms of the proposed tentative agreements, which included a reduction to the Health & Welfare opt-out payments from 50% to 30% of the employers’ CAP rate. Once the membership ratified the contract on May 12, 2026, the new terms went into effect retroactively to February 1, 2026. There was also a retroactive 3.5% wage increase that was paid to the members. The insurance buyout checks dated April 30, 2026,



