Pension Info.

Discussion in 'UPS Discussions' started by yonnko, Mar 7, 2010.

  1. yonnko

    yonnko Member

    Is their a web site for pension information? A breakdown of what I would get and at what age if I were to leave UPS with 'x' amount of years.
     
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Wouldn't that be nice? Type in your SSN or Employee ID # and you would get an estimate of your pension benefit on a yearly basis. Unfortunately, this is one area where UPS technology is sorely lacking as this does not exist.

    You should receive an annual pension benefit statement which would give you the number of hours credited toward your pension and your projected pension payment at your normal retirement date. If you are not receiving this statement let your Union local know so that you can start receiving one.
     
  3. Jones

    Jones fILE A GRIEVE! Staff Member

    Check with your local (or whoever administers your pension plan). Mine will provide you with a vesting statement that breaks it all down for you, I'm sure most pension plans will do the same.
     
  4. Big Babooba

    Big Babooba Well-Known Member

  5. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I stand corrected.

    Very professional Teamster website.
     
  6. Highwayman

    Highwayman Member

    Yes it depends where you are at and who administers the fund. You should get a statement from them at least once a year. Call your hall and ask for info.
     
  7. brownelf

    brownelf Active Member

    if you're in the central states/UPS combined pension plan you can get forms from your administative assistants to get info. You just have to plug in the date you plan to go and Atlanta will tell you what you'll get. You can do more than one date if you want to compare what staying longer is worth.
     
  8. 1989

    1989 Well-Known Member

    professional Teamster

    oxymoron
     
  9. JonFrum

    JonFrum Member

    Which of the 21 or so pension plans are you in? Most have websites. An Internet search will locate yours if its out there.
     
  10. MaryE

    MaryE Guest

    For non-union admin and management there is a site within UPSERS.COM on the third tab My Life and Career. It is named Retirement Calculator.