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Brown Cafe UPS Forum
UPS Discussions
August 2018
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<blockquote data-quote="By The Book" data-source="post: 1711042" data-attributes="member: 53581"><p>I was doing a little math. At $16.00 an hour a pension at 100% of wages is $33280. At$20.00 it's $41680. At $25.00 it's $52000. It seems that around this level we are seeing where the amount we will get is less and less when compared to our current wage levels. A more accurate way to feel better about what we are going to receive would be to average out our hourly rate for all years worked to retirement. If you make $100,000.00 a year and your pension is $50,000.00 on the surface it seems as if your pension is only 50% of earnings. Throughout your entire career it averages up.</p></blockquote><p></p>
[QUOTE="By The Book, post: 1711042, member: 53581"] I was doing a little math. At $16.00 an hour a pension at 100% of wages is $33280. At$20.00 it's $41680. At $25.00 it's $52000. It seems that around this level we are seeing where the amount we will get is less and less when compared to our current wage levels. A more accurate way to feel better about what we are going to receive would be to average out our hourly rate for all years worked to retirement. If you make $100,000.00 a year and your pension is $50,000.00 on the surface it seems as if your pension is only 50% of earnings. Throughout your entire career it averages up. [/QUOTE]
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