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Brown Cafe UPS Forum
UPS Retirement Topics
Pension letter
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<blockquote data-quote="By The Book" data-source="post: 2052883" data-attributes="member: 53581"><p>So you took 35,000 and divided it by 52 weeks! We are talking about having your negotiated pension money in the contract put in your 401k. You are saying UPS is going to put in the max 401 k contribution into your 401k. Two different things completely. Your pension money should be about 1500 a month give or take. Thats 18,000 a year or 346.00 a week. So if a person is getting 3500 a month pension for 30 years that's pretty good when you factor in UPS put in less than half of that.</p></blockquote><p></p>
[QUOTE="By The Book, post: 2052883, member: 53581"] So you took 35,000 and divided it by 52 weeks! We are talking about having your negotiated pension money in the contract put in your 401k. You are saying UPS is going to put in the max 401 k contribution into your 401k. Two different things completely. Your pension money should be about 1500 a month give or take. Thats 18,000 a year or 346.00 a week. So if a person is getting 3500 a month pension for 30 years that's pretty good when you factor in UPS put in less than half of that. [/QUOTE]
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