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Pension Questions; Age 65, Part-Time, Amount, Buyout?
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<blockquote data-quote="JohnInSouthJersey" data-source="post: 1187238" data-attributes="member: 49158"><p>First, thank you for your interest.</p><p></p><p><strong>Specific factors:</strong></p><p></p><p><strong>Age:</strong> 65</p><p><strong>UPS Location: </strong>Edison, NJ (Teamsters Local 177)</p><p><strong>Previous Position:</strong> Part-time hourly package handler; vastly Isle sorter, a lot small sort, a little loading/unloading (to me, loading the hardest). </p><p><strong>Years Worked: </strong>8 (1982-1990); quit at 42 </p><p></p><p>Additional Info:</p><p></p><p>I contacted UPS's Atlanta office and there will be the standard pension information send within 30 days. I'm very curious to get any feedback to either increase my anticipation <img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /> -- or temper it <img src="/community/styles/default/xenforo/smilies/FeltTip/sad-little.png" class="smilie" loading="lazy" alt=":sad-little:" title="Sad Little :sad-little:" data-shortname=":sad-little:" /> -- as I await the numbers. </p><p>The main question is; at 65 last month (can pass for 45 <img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" />), will I have a buyout option as per a contract from the 1980s (two contracts during my stay)? </p><p></p><p>My second question is; based on the information above, what monthly amount will I receive? </p><p></p><p>I don't expect a specific answer to either <em>of course</em>. Speculation and similar experiences are welcome. </p><p></p><p>Thanks to anyone who cares to respond in advance. </p><p> </p><p>John</p><p></p><p>PS The dental work alone, as a benefit, was well worth it. The above will be gravy. <img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /> </p><p></p><p>I'm not sure; just wondering if, relatively, the benefits were better in the 1980s?</p></blockquote><p></p>
[QUOTE="JohnInSouthJersey, post: 1187238, member: 49158"] First, thank you for your interest. [B]Specific factors:[/B] [B]Age:[/B] 65 [B]UPS Location: [/B]Edison, NJ (Teamsters Local 177) [B]Previous Position:[/B] Part-time hourly package handler; vastly Isle sorter, a lot small sort, a little loading/unloading (to me, loading the hardest). [B]Years Worked: [/B]8 (1982-1990); quit at 42 Additional Info: I contacted UPS's Atlanta office and there will be the standard pension information send within 30 days. I'm very curious to get any feedback to either increase my anticipation :happy-very: -- or temper it :sad-little: -- as I await the numbers. The main question is; at 65 last month (can pass for 45 :happy-very:), will I have a buyout option as per a contract from the 1980s (two contracts during my stay)? My second question is; based on the information above, what monthly amount will I receive? I don't expect a specific answer to either [I]of course[/I]. Speculation and similar experiences are welcome. Thanks to anyone who cares to respond in advance. John PS The dental work alone, as a benefit, was well worth it. The above will be gravy. :happy-very: I'm not sure; just wondering if, relatively, the benefits were better in the 1980s? [/QUOTE]
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