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Brown Cafe UPS Forum
UPS Retirement Topics
Part Time Pension
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<blockquote data-quote="DELACROIX" data-source="post: 3641284" data-attributes="member: 49065"><p>It depends on what part of the region you are in? </p><p></p><p>In the Central your part time years are under the company plan. Since you are 46 you will probably have enough time under your part time pension plan to qualify for a service pension (listed in the contract). If you go full time 2 years before you retire I really do not know how that would be counted (it takes 5 years to be vested). The part time and full time pension are credited separately than added together to get your final monetary benefit. </p><p></p><p>Ask for an estimate from the Union or your HR dept and keep all your documentation for future reference.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 3641284, member: 49065"] It depends on what part of the region you are in? In the Central your part time years are under the company plan. Since you are 46 you will probably have enough time under your part time pension plan to qualify for a service pension (listed in the contract). If you go full time 2 years before you retire I really do not know how that would be counted (it takes 5 years to be vested). The part time and full time pension are credited separately than added together to get your final monetary benefit. Ask for an estimate from the Union or your HR dept and keep all your documentation for future reference. [/QUOTE]
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