Monthly pension

Discussion in 'UPS Retirement Topics' started by Cardboard carrier, Jun 6, 2015.

  1. Every local has a different pension setup.
    Who has the best one and why?
     
  2. Richard Harrow

    Richard Harrow Deplorable.

    804. They got a bump last contract and the company paid for it.
     
  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Are you sure about that?

    Pacific Northwest has the best closely followed by Upstate NY.
     
  4. Do you have any idea what their 30 and out numbers look like?
     
  5. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Which one? Ours is $5.5K/month.
     
  6. And underfunded. what's Its real value?
     
  7. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    A lot less than it needs to be.
     
  8. moreluck

    moreluck golden ticket member

    Ha Ha Ha Ha !!!!!
     
  9. BrownTexas

    BrownTexas Well-Known Member

    I'd take that if I were you... And move to Texas ASAP. You could be a rich man with that.
     
  10. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I spent 4 years in Lubbock while stationed at Reese AFB. That's enough for me.
     
  11. By The Book

    By The Book Well-Known Member

    Can those numbers change if the plan was in trouble? I thought someone mentioned yours was funded under 50%.
     
  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    My pension should be OK but I do fear that future retirees may receive a much lower amount.

    My personal hope is that the company takes over our pension plan.
     
  13. brownmonster

    brownmonster Man of Great Wisdom

    If that happens the max payment would probably mirror the UPS/IBT plan.
     
  14. retiredTxfeeder

    retiredTxfeeder cap'n crunch

    That's funny, Dave. Texas said the same thing about you.:laugh:
     
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  15. rod

    rod retired and happy


    ALL numbers can be changed---you know what they say about death and taxes.
     
  16. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    They loved me long time. :)
     
  17. Inthegame

    Inthegame Well-Known Member

    Remove "probably" from that post.
     
  18. Jones

    Jones fILE A GRIEVE! Staff Member

    Hard to beat 639's payout. Pretty sure it's the highest in the country right now.
     
  19. jerseyupser

    jerseyupser Member

    What pension fund isn't under funded??
     
  20. jerseyupser

    jerseyupser Member

    What's the payout?