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Brown Cafe UPS Forum
UPS Retirement Topics
25 and Out...
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1240210" data-attributes="member: 12570"><p>Our pension plan is severely underfunded and is currently in a rehabilitation plan. Employees who were within 5 years of their 30 were grandfathered and could retire with a minimal penalty per year (3%?). I would think that you being so close to your retirement age you would be protected from any pension cuts.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1240210, member: 12570"] Our pension plan is severely underfunded and is currently in a rehabilitation plan. Employees who were within 5 years of their 30 were grandfathered and could retire with a minimal penalty per year (3%?). I would think that you being so close to your retirement age you would be protected from any pension cuts. [/QUOTE]
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