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Brown Cafe UPS Forum
UPS Retirement Topics
early buy out?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 972131" data-attributes="member: 12570"><p>TOS works out of Local 396 which I believe is southern California. He is very involved with the Union and if this rumor is even close to reality he would know or would have least heard about it as well.</p><p></p><p>Are you talking about employees who already have their 30 years (or whatever is needed for retirement) or are you talking about employees within 5 years of that threshold? Would this buyout be in addition to their pension? A 30 yr employee being offered $150K to leave?</p><p></p><p>Do you have any more details?</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 972131, member: 12570"] TOS works out of Local 396 which I believe is southern California. He is very involved with the Union and if this rumor is even close to reality he would know or would have least heard about it as well. Are you talking about employees who already have their 30 years (or whatever is needed for retirement) or are you talking about employees within 5 years of that threshold? Would this buyout be in addition to their pension? A 30 yr employee being offered $150K to leave? Do you have any more details? [/QUOTE]
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