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UPS Partners
Management Retirement at 59
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<blockquote data-quote="Catatonic" data-source="post: 1219585" data-attributes="member: 7966"><p>I was management (MIP) with 40 years service.</p><p>There were 4 options and the one that gave me the most money had this constraint.</p><p>I did not look at the other options.</p><p>In my age bracket, there is a 3% penalty per year before full retirement age for the grandfathered option applying to me.</p><p></p><p>I guess I should be happy when I was born (at least in regards to UPS retirement pension).</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1219585, member: 7966"] I was management (MIP) with 40 years service. There were 4 options and the one that gave me the most money had this constraint. I did not look at the other options. In my age bracket, there is a 3% penalty per year before full retirement age for the grandfathered option applying to me. I guess I should be happy when I was born (at least in regards to UPS retirement pension). [/QUOTE]
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