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<blockquote data-quote="InsideUPS" data-source="post: 1130229" data-attributes="member: 31414"><p>Dave....personally....I would not worry about your CS pension. I believe it will be there for UPS Teamsters...now and through the future. Other Teamsters in the CS fund may not be as fortunate. The future draw on the CS fund by UPS Teamsters will actually be less as many current part-time employees with 10-15+ years get the opportunity to go driving. The portion of the CS fund they receive will be far less considering their total working years of 30-35 years. For example.... a part-timer with 15 years PT & 15 years FT = 30 year partial service pension. They will only be drawing 15 years worth of CS pension (currently $100/year) or $1500 per month.....compared to many of the older full time employees that had a full 30-35 years of full time pension (or $3000-$3500 per month)..... Others may have different thoughts and ideas...</p></blockquote><p></p>
[QUOTE="InsideUPS, post: 1130229, member: 31414"] Dave....personally....I would not worry about your CS pension. I believe it will be there for UPS Teamsters...now and through the future. Other Teamsters in the CS fund may not be as fortunate. The future draw on the CS fund by UPS Teamsters will actually be less as many current part-time employees with 10-15+ years get the opportunity to go driving. The portion of the CS fund they receive will be far less considering their total working years of 30-35 years. For example.... a part-timer with 15 years PT & 15 years FT = 30 year partial service pension. They will only be drawing 15 years worth of CS pension (currently $100/year) or $1500 per month.....compared to many of the older full time employees that had a full 30-35 years of full time pension (or $3000-$3500 per month)..... Others may have different thoughts and ideas... [/QUOTE]
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