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UPS Retirement Topics
Part Time Retirement
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<blockquote data-quote="slackadjuster" data-source="post: 1218193" data-attributes="member: 49068"><p>Hope that these new retiree benefits will be retroactive back to unspecified eligibility date after the contract ratification procedure is completed. </p><p></p><p>I've worked in Central States, Florida region. I sold back 6 vacation weeks plus the 58 hours of option pay. Leaves me with just one personal holiday. I could retire now but the continuing struggles to ratify the 2013-2018 contract has hindered my plan. </p><p> </p><p>My objective is to qualify for the additional $200/ month pension + dental insurance + vision insurance and also qualify & start receiving monthly pension for January 2014. I couldn't use (during peak) or need my vacations as a time qualifier, so I cashed in. Why run off the vacation for time off when you also have time served for old pension and maybe the new one? I desire the cash from both sources (vacation & pension payment).</p><p></p><p>I just need to know the prerequisites (hours worked, holiday pay, a punch, etc.) to be eligible for the new pension benefits, and hope it requires little time so not to threaten January's monthly pension payment.</p></blockquote><p></p>
[QUOTE="slackadjuster, post: 1218193, member: 49068"] Hope that these new retiree benefits will be retroactive back to unspecified eligibility date after the contract ratification procedure is completed. I've worked in Central States, Florida region. I sold back 6 vacation weeks plus the 58 hours of option pay. Leaves me with just one personal holiday. I could retire now but the continuing struggles to ratify the 2013-2018 contract has hindered my plan. My objective is to qualify for the additional $200/ month pension + dental insurance + vision insurance and also qualify & start receiving monthly pension for January 2014. I couldn't use (during peak) or need my vacations as a time qualifier, so I cashed in. Why run off the vacation for time off when you also have time served for old pension and maybe the new one? I desire the cash from both sources (vacation & pension payment). I just need to know the prerequisites (hours worked, holiday pay, a punch, etc.) to be eligible for the new pension benefits, and hope it requires little time so not to threaten January's monthly pension payment. [/QUOTE]
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