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Brown Cafe UPS Forum
UPS Union Issues
Pension extension?
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<blockquote data-quote="saintrick" data-source="post: 1217494" data-attributes="member: 29276"><p>Write to the retirement department and request your annual pension statement. It will show credit from you date of employment.</p><p></p><p>No credit before age 21 is just a false fact that is widely accepted as truth.</p><p></p><p>Here is an example from the SPD</p><p></p><p>Example 2 — 30-Year Service Benefit</p><p>Joe S was born February 15, 1981. He began working for UPS on March 1, 1999 and has 30 years of Service Credit</p><p>when he retires. He is in “Covered Employment” since he is a part-time Eligible Employee covered by the International</p><p>Brotherhood of Teamsters Local 710 Agreement. He leaves UPS on February 28, 2029 at the age of 48. Joe is entitled to</p><p>the 30-Year Service Benefit ($1,650 per month at any age), beginning March 1, 2029 as a Single Life Only Annuity</p></blockquote><p></p>
[QUOTE="saintrick, post: 1217494, member: 29276"] Write to the retirement department and request your annual pension statement. It will show credit from you date of employment. No credit before age 21 is just a false fact that is widely accepted as truth. Here is an example from the SPD Example 2 — 30-Year Service Benefit Joe S was born February 15, 1981. He began working for UPS on March 1, 1999 and has 30 years of Service Credit when he retires. He is in “Covered Employment” since he is a part-time Eligible Employee covered by the International Brotherhood of Teamsters Local 710 Agreement. He leaves UPS on February 28, 2029 at the age of 48. Joe is entitled to the 30-Year Service Benefit ($1,650 per month at any age), beginning March 1, 2029 as a Single Life Only Annuity [/QUOTE]
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