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Brown Cafe UPS Forum
UPS Retirement Topics
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 2165516" data-attributes="member: 12570"><p>While the pension contributions of those PTers who do not stay until they are vested (5 years) remain in the fund, they make a negligible difference.</p><p></p><p>Our pension fund is about 46% funded and we are anticipating cuts of about 20% for actives, 35% for UPS retirees and up to 50% for orphan retirees.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 2165516, member: 12570"] While the pension contributions of those PTers who do not stay until they are vested (5 years) remain in the fund, they make a negligible difference. Our pension fund is about 46% funded and we are anticipating cuts of about 20% for actives, 35% for UPS retirees and up to 50% for orphan retirees. [/QUOTE]
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