New & Improved Benefits for Future Retirees

Discussion in 'UPS Retirement Topics' started by slackadjuster, Nov 3, 2013.

  1. slackadjuster

    slackadjuster New Member

    What are the prerequisites for a currently pensionable full time employee to also receive and lock in the improved retiree benefits provided in the newest contract? {Central States; Florida region} Can you retire before the total ratification process is complete? Would retirement benefits be retroactive like our hourly pay? The eligibility date for new benefits are somewhat ambiguous and not defined. What is the least complicated way and/or the earliest time one can qualify for the new benefits?
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I would think that you would have to wait until the new contract is in place before being eligible to receive the improved benefits. This is why you will see guys who are eligible to retire near the end of a contract wait to see what's in the new one before making their decision.
  3. slackadjuster

    slackadjuster New Member

    Thanks Upstate for reply. Most of us wanting to retire down here waited for new contract and know what's in it. Just can't get an exact date to qualify for the "what we know is in it" other than January 2014. Our supplement passed first vote. Kinda fed up and tired of waiting. We got what we got and it's time to move on or out.....ASAP.
  4. The Milkman

    The Milkman Active Member

  5. oldngray

    oldngray nowhere special

    Most people in my center were afraid we would get screwed this contract so 3/4 of people able to retire did so. Took the money and ran while they could. Mostly worried about losing the 25/30 and out.