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Brown Cafe UPS Forum
UPS Retirement Topics
Pension Offer is B $%#@
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<blockquote data-quote="35years" data-source="post: 2603884" data-attributes="member: 60822"><p>So did I until I checked my pension calculator.</p><p>Over $5,000 a month at age 62.</p><p>Over $66,000 a year if I wait till I am 65 to retire.</p><p>I will also receive a small monthly check for part time years...$240.</p><p></p><p>Each year longer that you work, the larger the monthly benefit becomes.</p><p>This is in contrast to the "30, or 35 and out" at any age benefit.</p><p>I have paid for it in my joints, however.</p><p></p><p>Total at 65 would be $69,400.</p><p>Social Security in today's dollars estimated at $28,650</p><p>$98,050 plus my wife's Social security.</p><p>Plus hundreds of thousands in the 401Ks</p><p>I will be making substantially more in retirement than now, <strong>if</strong> the pension and SS don't go belly up. (Not sure at all about that)</p></blockquote><p></p>
[QUOTE="35years, post: 2603884, member: 60822"] So did I until I checked my pension calculator. Over $5,000 a month at age 62. Over $66,000 a year if I wait till I am 65 to retire. I will also receive a small monthly check for part time years...$240. Each year longer that you work, the larger the monthly benefit becomes. This is in contrast to the "30, or 35 and out" at any age benefit. I have paid for it in my joints, however. Total at 65 would be $69,400. Social Security in today's dollars estimated at $28,650 $98,050 plus my wife's Social security. Plus hundreds of thousands in the 401Ks I will be making substantially more in retirement than now, [B]if[/B] the pension and SS don't go belly up. (Not sure at all about that) [/QUOTE]
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Pension Offer is B $%#@
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