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Brown Cafe UPS Forum
UPS Partners
management pension rumor
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<blockquote data-quote="pretzel_man" data-source="post: 290302" data-attributes="member: 927"><p>Savings Advantage Match changes to 3.5%.</p><p> </p><p>There is a "Portable" fund that you get instead of a pension. The company puts in between 5% and 8% of your pay into the fund. This depends on age and years of service. It is higher as you are older and have more years of service.</p><p> </p><p>It vests after 3 years and is portable. It has a minimum interest rate.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 290302, member: 927"] Savings Advantage Match changes to 3.5%. There is a "Portable" fund that you get instead of a pension. The company puts in between 5% and 8% of your pay into the fund. This depends on age and years of service. It is higher as you are older and have more years of service. It vests after 3 years and is portable. It has a minimum interest rate. P-Man [/QUOTE]
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