WATERFORD, N.Y. (NEWS10) — GE union members nationwide held rallies Wednesday protesting changes to the company’s retiree healthcare program.
Former and current GE employees are holding rallies similar to the protest held at the Schenectady GE site April 21.
One of the rallies Wednesday afternoon was held at the former GE plant in Waterford.
Union members say retirees are being burdened with changes to their medical benefits leading to higher health care costs. They also say the changes fail to take cost of living into consideration for their pensions.
GE responded in a statement last week:
Our healthcare program provides post-65 retirees with access to a quality private exchange, cost saving options, and more choice in coverage. The change is consistent with trends among other large companies.”
The rallies took place on the same day as General Electric’s annual share owners meeting, this year being held in Jacksonville, Florida.