Pension deductions?

Discussion in 'UPS Discussions' started by upschris24, Aug 5, 2016.

  1. upschris24

    upschris24 New Member

    Are there supossed to be any pension deductions from my paycheck on a weekly basis?
     
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Nope.
     
  3. Benben

    Benben Active Member

    If that disappoints you may I suggest looking into the 401K?
     
  4. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    The only exception may be if the OP is in the Western Conference and is paying in to either the Peer 80 or 85. I believe Soberups said that the members do contribute toward their pension if they opt to participate in the Peer option.
     
  5. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    I wish we had that option over here.
     
  6. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    We should find out by the end of the month what our option(s) will be.
     
  7. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    Really! We have heard absolutely nothing for 3 months
     
  8. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    Please buy me out
     
  9. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Latest I heard was 20% for actives, 35% for retirees and 50% for orphans.
     
  10. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Absolutely!
     
  11. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    Ups pension or still upstate pension
     
  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I was thinking cut me a check and I will leave.

    According to our BA the Teamsters tried to get the company to buy us out. They declined.
     
  13. Johney

    Johney Raise your hand if you think Upstate is a D-Bag

    Don't hold your breath.
     
  14. 3 done 3 to go

    3 done 3 to go In control of my own destiny

    It will be a contract issue for '18. We will find out how bad we get screwed by the ones who say they are for us. I for one am starting to hate every moment
     
  15. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Why would you want to pump more money into a failed model?
     
  16. We have to pay into our pension, not by choice.
     
  17. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I mean if you don't have a choice you don't have a choice. But anyone would WANT that option is lost on me.
     
  18. I believe some locals have done that in a promise of a higher pension payout.

    I personally would rather have control over my own money.
     
  19. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Exactly. Look at all of the pensions. You're much better off taking care of yourself.
     
  20. I was do some number crunching last week. I really don't know when I will be able to get out of this place.