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Home
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Brown Cafe UPS Forum
UPS Retirement Topics
Pension Offer is B $%#@
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<blockquote data-quote="UnPreparedSupervision" data-source="post: 2392680" data-attributes="member: 64065"><p>In</p><p></p><p> my opinion it would be a very smart move..UPS pays the part time pension not the union..UPS is a cash rich company so why not buy out some former part time pensions at a reduced rate now versus full amount at retirement age? At 65 I will have no need for a lump sum payout with the amount I put in my 401k and I'll be debt free. Now as a 40 year old with debt and two children UPS has a little wiggle room with me</p></blockquote><p></p>
[QUOTE="UnPreparedSupervision, post: 2392680, member: 64065"] In my opinion it would be a very smart move..UPS pays the part time pension not the union..UPS is a cash rich company so why not buy out some former part time pensions at a reduced rate now versus full amount at retirement age? At 65 I will have no need for a lump sum payout with the amount I put in my 401k and I'll be debt free. Now as a 40 year old with debt and two children UPS has a little wiggle room with me [/QUOTE]
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