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731 union health/welfare fund contributions rise

November 22, 2010
Employer contributions to the Health and Welfare Fund of the Teamsters Local 731 union have climbed $13 weekly, to $112.15 per employee per week, effective with the week containing July 1. July contribution reports are due Aug. 20. It is the first increase in the fund in 23 months, during a period when health care costs have risen at unprecedented rates. As part of the Teamsters contract with unionized CATA dealers, contributions must increase if the Health and Welfare Fund's assets fall below $5 million. Lower investment returns for the union, escalating healthcare costs and the general economic climate forced the adjustment. The 731 union organizes stockroom attendants, garage attendants, drivers and utility employees such as porters.