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The agreement also includes increases in pension benefits and in the employers' contribution to workers' 401 k)'s.
Under the agreement, the Metropolitan Transportation Authority agreed to increase its contribution to workers' health coverage by nearly $400 million over three years.
The DuPont Company said yesterday that it would cut its contribution to workers' pensions by two-thirds after 2007, part of a growing move by American companies away from traditional defined-benefit plans.
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Judge Hardin also approved an increase in contributions to workers 401(k) plans costing $156,000 a year.
With health care costs climbing even higher during this enrollment season, more employers are adopting a tiered system to pass on the bulk of those costs to their employees by assigning bigger contributions to workers in top salary brackets and offering some relief to workers who make less money.
Then, struggling employers of all sorts decided to suspend or eliminate part or all of their matching contributions to workers' 401(k) and similar plans — companies like Xerox and Black & Decker and nonprofit groups like PBS and the Austin Museum of Art in Texas.
The company has cut 9,500 workers (35% of staff) and eliminated contributions to workers' 401(k) accounts.
"The prospect of lower match rates may not only reduce employer contributions to workers' retirement accounts, but some research suggests that lower match rates might also lower workers' own retirement contributions".
For example, among plans offering company stock as an investment, only 23percentt now use it to make matching contributions to worker accounts — or about half as many as in 2001, said Pamela M. Hess, Hewitt's director of retirement research.
The mechanisms of managerial control and humanized support generated different responses in the ANs, illustrating how supervisors' orientation affects the nature of the support they provide to the health worker and their potential contribution to health workers' performance.
That sounded good to Mr. Cohen, who said that he had to cut his contribution to his workers' premiums to 75percentt from 100percentt, and that he could no longer help pay any of the premiums for his workers' families.
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