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Future Mgmt Retirees - What U may not know!
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<blockquote data-quote="Steelheader" data-source="post: 191688" data-attributes="member: 1814"><p>Sorry to tell you, but all I've ever heard (my best man who started at UPS with me went into management as well) is they buy out your teamster pension when you start in management. All the guys I've driven with who have went into management (including some old timers who I've known for years in management) all have said the same thing. Do this so you can't double dip. I do believe it's an agreement with the Teamsters and UPS that the buy out what you have vested in the Teamster Pension Plan. I only have 19 years in (well, almost), but from all I've been told from day 1 is that UPS has always done that. At least over here.</p></blockquote><p></p>
[QUOTE="Steelheader, post: 191688, member: 1814"] Sorry to tell you, but all I've ever heard (my best man who started at UPS with me went into management as well) is they buy out your teamster pension when you start in management. All the guys I've driven with who have went into management (including some old timers who I've known for years in management) all have said the same thing. Do this so you can't double dip. I do believe it's an agreement with the Teamsters and UPS that the buy out what you have vested in the Teamster Pension Plan. I only have 19 years in (well, almost), but from all I've been told from day 1 is that UPS has always done that. At least over here. [/QUOTE]
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