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401k question
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<blockquote data-quote="Ms.PacMan" data-source="post: 409953" data-attributes="member: 4656"><p>I decided to root around the internet and found this from a 2003 article:</p><p></p><p>UPS’s unionized part-timers get free health insurance, while nonunion part-timers pay approximately $50 a month for health care. Nonunion part-timers who participate in the 401(k) plan receive an immediately vested 100 percent match on the first 3 percent of compensation contributed, and both union and nonunion part-timers are covered by defined benefit retirement plans.</p><p></p><p>(Can't insert link for some reason) The UPS benefits for p/t's link no longer works.</p><p></p><p>I have never heard that non-union part-timers were eligible for mgmts. matching 401K or that they had to pay for health care.</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 409953, member: 4656"] I decided to root around the internet and found this from a 2003 article: UPS’s unionized part-timers get free health insurance, while nonunion part-timers pay approximately $50 a month for health care. Nonunion part-timers who participate in the 401(k) plan receive an immediately vested 100 percent match on the first 3 percent of compensation contributed, and both union and nonunion part-timers are covered by defined benefit retirement plans. (Can't insert link for some reason) The UPS benefits for p/t's link no longer works. I have never heard that non-union part-timers were eligible for mgmts. matching 401K or that they had to pay for health care. [/QUOTE]
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