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USW Seeks Injunction to Prevent Alcoa Retiree Benefits Changes
December 17, 2020 GMT
United Steelworkers. (PRNewsFoto/United Steelworkers)
PITTSBURGH, Dec. 17, 2020 /PRNewswire/ The United Steelworkers (USW) today said that the union has sought a preliminary injunction in a lawsuit before the Southern District of Indiana to prevent Alcoa USA Corporation from unilaterally changing the health insurance benefits of workers who retired from the company before June 1, 1993, along with the spouses, surviving spouses and dependents of these retirees.
Earlier this year, Alcoa informed the retirees by letter that the company would terminate their insurance coverage on Dec. 31, 2020, when Alcoa will replace the existing programs with a private Medicare exchange program and Health Reimbursement Arrangement (HRA). Under the new program, retirees must choose from among up to 77 Medicare Advantage, M