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Brown Cafe UPS Forum
UPS Retirement Topics
Death before Retirement ??
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<blockquote data-quote="beentheredonethat" data-source="post: 2116659" data-attributes="member: 4886"><p>I asked that question about the mgmt pension fund. What they indicated is that is that if I was working and eligible to retire (ie 55 or over with required years) then my wife would receive the default of 50% survivor pension for her life. If I wasn't eligible to retire (ie under 55) then my wife would be eligible to collect the survivor pension amount (50%) when I would have turned 65. For both cases, she would also get 10x my monthly salary as a term life benefit as well as my own insurance policy I have on myself.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 2116659, member: 4886"] I asked that question about the mgmt pension fund. What they indicated is that is that if I was working and eligible to retire (ie 55 or over with required years) then my wife would receive the default of 50% survivor pension for her life. If I wasn't eligible to retire (ie under 55) then my wife would be eligible to collect the survivor pension amount (50%) when I would have turned 65. For both cases, she would also get 10x my monthly salary as a term life benefit as well as my own insurance policy I have on myself. [/QUOTE]
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Death before Retirement ??
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