LETTER 5

National Health Insurance

 

Mr. James M. Parent

Assistant Directing Business Representative

District Lodge No. 26

I.A.M.A.W., AFL-CIO

365 New Britain Road

Kensington, Connecticut 06037

 

Dear Mr. Parent:

This is to confirm the understanding and between the Company and the Union concerning National Health Insurance.

It is recognized that without any specific details of Federal legislation on National Health Insurance which could be enacted, it is not possible at this time to envision implications of such legislation on the Group Health, Dental and Life Insurance Plans.  It is mutually recognized the Plans should not duplicate the benefits of a national health insurance program.

It is further agreed that in no case will the Company's total liability for costs for the Plans plus any tax or premium contribution required from the Company by legislation or regulation exceed that in effect immediately prior to the implementation of such Federal legislation or regulation.

Sincerely,

James R. Miller

Vice President, Industrial Relations

Accepted this 6th day of December 2004