DEAR PARA
MEMBERS,
Many of you may be aware that the Port Authority's
Board of Commissioners made significant changes to the compensation and
benefits programs for PA employees at its meeting on March 29th.
(See
PA press release)
PARA's President contacted the Director of the PA's
Human Resources Department, Mary Lee Hannell, to clarify whether or how
these changes to PA-provided benefits affect current retirees.
She responded immediately, assuring that none of the PA Board's actions
with respect to healthcare and compensation affect current retirees in any way. These changes
apply to current employees and future retirees.
Knowing how urgent this concern is to PARA's retiree members, we wanted
to share this information as soon as possible.
Please pass this along to your fellow PA retirees who may not be
subscribed to PARA's e-Bulletins.
Thank you for being a PARA member.
DISCLAIMER:
The Port Authority Retirees Association, Inc. does not
provide, and this notice does not constitute, legal or other
professional advice. We recommend you contact your own professional
advisor for such matters as neither The Port Authority Retirees
Association, Inc., nor anyone associated with this notice, assumes
responsibility for your relying on the information provided, even
though we have attempted to ensure that it reflects our understanding
of what is presented.
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