If you are thinking about voting NO…

[Thebrownblob]

So how can they pay $5300 a month?

You’re slightly confused, remember, most of us are under the UPS plan now with some years in central states. I personally only have eight years in central states. The rest are in the UPS plan.

 

[DELACROIX]

So how can they pay $5300 a month?

Because anybody who retires in the West with the same amount of service and over age 57 will probably be looking at 7,000 to 8,000 a month at the end of this TA (2028)..

 

[MangoMango]

That’ll be a big fat NO from this full timer. Who cares what the publi sees? It’s not their paycheck. Raising kids these days, at least raising them correctly, is extremely expensive if you can even do it. This isn’t the trump days when gas was 1.80 gal. and electric was $.05 a kWh. Biden is choking us, the companies that wanted him in office need to pay for that.

You won't have to worry about either in a few years. They are both past the average life expectancy for a white male in the U.S.

 

[UpstateNYUPSer(Ret)]

So how can they pay $5300 a month?

I may be wrong but I think the $5,300 is only for those CSPF UPS hourlies who were carved out in 2008 (?) and put in to the UPS/IBT plan.

 

[IVE GOTTA PACKAGE 4U]

So how can they pay $5300 a month?

Give me 5300 I'll leave tomorrow

 

[Trucker Clock]

 

[UpstateNYUPSer(Ret)]

One of the “rules” of the bailout was that no improvement, other than contractual, could be made to pension benefits for at least 10 years after receipt of the SFA funds.

 

[Wally]

Because anybody who retires in the West with the same amount of service and over age 57 will probably be looking at 7,000 to 8,000 a month at the end of this TA (2028)..

So it's our responsibility to pay the central?

 

[Thebrownblob]

Because anybody who retires in the West with the same amount of service and over age 57 will probably be looking at 7,000 to 8,000 a month at the end of this TA (2028)..

Yep, and they’re still far ahead of the central and good for them. I’m glad I wish it was us as well but it is what it is.

 

[Thebrownblob]

So it's our responsibility to pay the central?

You’re really out of your depth here and do not understand but that’s OK Wally

 

[I have NOT been lurking]

Once again Cental States got screwed on the pension. Biggest contributor, lowest payout. 400 bucks in Jan? 600 more IN FIVE YEARS???? Complete joke. But hey, we get a bag of ice and every driver gets a 1 gallon cooler. And let’s not forget that A/C that 99% of drivers will never see in their career. VOTE NO

Go get your booster. Your thread was dead wrong

 

[Wally]

You’re really out of your depth here and do not understand but that’s OK Wally

Maybe.

With this new contract, someone in the central can retire with $5300, but another with the same years of service can retire with less than that?

 

[DELACROIX]

You’re slightly confused, remember, most of us are under the UPS plan now with some years in central states. I personally only have eight years in central states. The rest are in the UPS plan.

..and any credit years prior to 2008 under the Central States Pension Fund will be offsetting any benefits under the IBT/UPS Pension Plan at age 65. UPS will reduce their retirement benefits accordingly, the IBT/UPS Pension Plan was established in 2008..at the end of this Contract those under the Central will have 20 years vested, those old timers who have any vested full time years under Central States will slowly fade away or die.

 

[Pullman Brown]

So it's our responsibility to pay the central?

Heck yeah give it up dang $7000-8,000. Give up some of those money printing machines!

 

[Thebrownblob]

Maybe.

With this new contract, someone in the central can retire with $5300, but another with the same years of service can retire with less than that?

No, most likely more.

 

[Pullman Brown]

Maybe.

With this new contract, someone in the central can retire with $5300, but another with the same years of service can retire with less than that?

Y’all need to get a hold of these secret labs. This is weird and very mysterious.

Mysterious Chinese COVID Lab Uncovered in City of Reedley CA

Why would a COVID lab run by a shady Chinese company be operating in Reedley, CA in the central San Joaquin Valley? The lab, which was supposed to be an

californiaglobe.com

 

[Wally]

No, most likely more.

So any local less than that gets boosted to $5300 like the central?

 

[UpstateNYUPSer(Ret)]

..and any credit years prior to 2008 under the Central States Pension Fund will be offsetting any benefits under the IBT/UPS Pension Plan at age 65. UPS will reduce their retirement benefits accordingly, the IBT/UPS Pension Plan was established in 2008..at the end of this Contract those under the Central will have 20 years vested, those old timers who have any vested full time years under Central States will slowly fade away or die.

Bingo!

 

[vvv]

At this point......sad but true.

 

[Thebrownblob]

So any local less than that gets boosted to $5300 like the central?

Couldn’t tell you every plan is different. And why would I care? I hope everyone gets as much as they can.