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Brown Cafe UPS Forum
UPS Union Issues
Not one valid reason to stay with the Teamsters
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<blockquote data-quote="tieguy" data-source="post: 153588" data-attributes="member: 1912"><p>18 I still have copies of the "last best final offer" the company put out in 97 and that is not in the offer. That was one of the rumors that started the last month based on one provision in the managment pension plan. The management pension plan basically has type A and type B disbursement. Type A is your typical upser putting in his 30 years and retiring. No penalty. Type B is the guy who retires at 55 with twenty years under his belt. He could elect to have more of his retirement front loaded with that amount being reduced once his social security kicked in. So a person retiring with twenty years is looking at 2000 a month since he was not with the company that long. Under the type B disbursement he gets 3000 a month until his SS kicks in when his disbursement is reduced by the amount of his SS.</p></blockquote><p></p>
[QUOTE="tieguy, post: 153588, member: 1912"] 18 I still have copies of the "last best final offer" the company put out in 97 and that is not in the offer. That was one of the rumors that started the last month based on one provision in the managment pension plan. The management pension plan basically has type A and type B disbursement. Type A is your typical upser putting in his 30 years and retiring. No penalty. Type B is the guy who retires at 55 with twenty years under his belt. He could elect to have more of his retirement front loaded with that amount being reduced once his social security kicked in. So a person retiring with twenty years is looking at 2000 a month since he was not with the company that long. Under the type B disbursement he gets 3000 a month until his SS kicks in when his disbursement is reduced by the amount of his SS. [/QUOTE]
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Not one valid reason to stay with the Teamsters
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