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Supplemental pension plans are rising in popularity, experts say.
The supplemental pension plan that the union is seeking would double our teachers' current pensions.
While salary is always an issue for our teachers, our primary dispute is over access to a supplemental pension program.
Supplemental pension plans, which heaped benefits on executives regardless of how well the company did, are largely a thing of the past.
It also includes the establishment of a supplemental pension fund that will pay workers up to $20 a week for all future work, said Matt Broder, a spokesman for Sikorsky.
In a letter to Mr. Papademos on Sunday evening, George Papandreou, the Socialist Party leader who stepped down as prime minister in November, said that supplemental pension funds linked to different professions should be merged to reduce their debts and to make them viable, but that a minimum level should be set for monthly payments from these funds.
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New Democracy and L.A.O.S. have opposed cuts to the supplemental pensions.
They follow cuts of 10 percent to state pensions in 2010 and a 20 percent average reduction in supplemental pensions last autumn.
The cuts amount to 12 percent of the amount over 1,300 euros, as well as a reduction of 10 percent to 20 percent to supplemental pensions.
They jolted Athens by insisting that it find an additional $428 million in savings — to make up for a shortfall created by the refusal of political leaders to slash supplemental pensions — before their next meeting, expected on Wednesday.
They have demanded that Greece reduce its public sector workforce by 150,000 people, cut supplemental pensions and introduce private-sector wage cuts in exchange for the bailout money Greece needs to avoid default when a bond comes due in March.
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