Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Pension Buyout
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="MC4YOU2" data-source="post: 2404723" data-attributes="member: 5485"><p>The Western Conference Teamsters plan I'm in has an optional death benefit, available to your beneficiary, that's equal to 48 months of the monthly benefit. It's reduced by each monthly check for 4 years until it's zeroed out. Also, depending on which payout you choose you can get your spouse (non transferable) about 75% of your monthly benefit, but you must agree to a reduced payout for you both in the meantime. </p><p>If you pass first, your spouse gets that smaller 75% amount. If your spouse passes first, you would then get your benefit increased to the maximum monthly payout. If you remarry, your future spouse gets zero, if they outlive you.</p></blockquote><p></p>
[QUOTE="MC4YOU2, post: 2404723, member: 5485"] The Western Conference Teamsters plan I'm in has an optional death benefit, available to your beneficiary, that's equal to 48 months of the monthly benefit. It's reduced by each monthly check for 4 years until it's zeroed out. Also, depending on which payout you choose you can get your spouse (non transferable) about 75% of your monthly benefit, but you must agree to a reduced payout for you both in the meantime. If you pass first, your spouse gets that smaller 75% amount. If your spouse passes first, you would then get your benefit increased to the maximum monthly payout. If you remarry, your future spouse gets zero, if they outlive you. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Pension Buyout
Top