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UPS Retirement Topics
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 962876" data-attributes="member: 12570"><p>Let's assume a 30 year career with 2,000 hours per year. That's 60K hours which @ $.90/hr means a loss of $54K. Let's further assume that you retire at 60, meaning you have 5 years (60 months) before you are eligible for Medicare. If your local were to charge $500/month for the same insurance you would spend $30K, which leaves you with a net loss of $24K.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 962876, member: 12570"] Let's assume a 30 year career with 2,000 hours per year. That's 60K hours which @ $.90/hr means a loss of $54K. Let's further assume that you retire at 60, meaning you have 5 years (60 months) before you are eligible for Medicare. If your local were to charge $500/month for the same insurance you would spend $30K, which leaves you with a net loss of $24K. [/QUOTE]
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