Coalition Union Brothers and Sisters,
Keeping our promise as your Coalition union leaders, we recently met again with Kaiser Permanente management on the progress of the financial performance of the Southern California region and what that means for your Performance Sharing Program (PSP) bonus.
You’ll soon be getting reports on how we are doing. The company has had a couple of good months, and teams are working hard on many of our goals. Our success depends on everyone pitching in and stepping up. Please continue to do your best, and help others do the same.
Morgan Stanley Wealth Management Services has been soliciting Kaiser Permanente employees to utilize their programs for their retirement investments. We are concerned that they are advising employees about retirement decisions that could impact their eligibility for retiree health coverage without sound knowledge of the Kaiser Permanente plans. Kaiser Permanente does not endorse these events in any way.
In fact, we are advising all employees to use caution when responding to these solicitations from Morgan Stanley. We have actively discouraged Morgan Stanley from discussing our benefit plans of which they have no knowledge, but Morgan Stanley has not been responsive to our requests.
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