Discussion in 'UPS Retirement Topics' started by javierlaspina, Apr 22, 2014.

  1. javierlaspina

    javierlaspina New Member

    I worked part time from 1990 to 1997, am i entitled to a small pension for seven years as a part timer?
  2. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Yes. You are vested after 5 years. You will receive your pittance when you turn 65.
  3. oldngray

    oldngray nowhere special

    The pension will be gas and beer money but not much more.
  4. balland chain

    balland chain Member

    Hi, do you know how much UPS pays per week for our pension
  5. Areyoukiddinme

    Areyoukiddinme best 2 weeks ever

    your best bet is to ask your steward..they should also have a print out binder you can look at to check if your amount is correct

    FMRUPSR New Member

    I worked for UPS for 8 yrs. I was told by the folks in ATL that I am eligible to receive my pension at 55. Is there a calculator where I can go to estimate how many shackles a month I will get? I do not have a user ID or password for the UPS site.
  7. rod

    rod retired and happy

    I heard that all those small pensions (5 or 10 years) were going to be funneled to Teamsters that actually made UPS a career and are about to lose their pensions.
  8. O/C

    O/C Member

    Here is the formula..your eight years are roughly under a third of what your pension would be at the time you left the company. Presuming you were part time..30 year pension would of been around 1350 a month you would get about 400 a month at age 65. You could retire as early as 55, but they will reduce your pension of 400 by 6 percent for every year prior to 65, in other words by 60 percent, grand total probably around 180. Should cover your cell phone bill.

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    FMRUPSR New Member

    I was full time is the formula the same?
  10. upschuck

    upschuck Well-Known Member

    No, much more, if in CS, upsers has a good pension calculator.