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Brown Cafe UPS Forum
UPS Union Issues
Part-time Pension from UPS part-time pension
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<blockquote data-quote="FAVREFAN" data-source="post: 825728" data-attributes="member: 13078"><p>Whoever told you they "cashed out" their plan is full of b.s. No such thing. Your friend will be able to draw on her pension when she reaches full retirement age according to U.P.S. I'm not sure what that is currently. She should have stayed another 10 years, she could have then started drawing from it right away with the "25 and out" at a reduced amount. Dumb move, work 2 jobs for ten more years, many of us do it. I guess if she is older it's not that bad, she'll get it soon, but if she is young, I would have hung on 'till 25 years.</p></blockquote><p></p>
[QUOTE="FAVREFAN, post: 825728, member: 13078"] Whoever told you they "cashed out" their plan is full of b.s. No such thing. Your friend will be able to draw on her pension when she reaches full retirement age according to U.P.S. I'm not sure what that is currently. She should have stayed another 10 years, she could have then started drawing from it right away with the "25 and out" at a reduced amount. Dumb move, work 2 jobs for ten more years, many of us do it. I guess if she is older it's not that bad, she'll get it soon, but if she is young, I would have hung on 'till 25 years. [/QUOTE]
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