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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1048250" data-attributes="member: 12570"><p>Stock was never $13/share. It IPO'd at around $20, shot up to around $80 and has traded in the $65-80 range ever since. The Thrift Plan was the precursor to the 401k. You could set aside up to $6/week--it was not uncommon for retirees to have balances in excess of $100K. The bonuses you speak of were a one-time thing given after a contract had been ratified. (1982?) The company has changed dramatically--had you started 20 years ago you would not recognize what the company has become.</p><p></p><p>I don't know what PD stands for.</p><p></p><p>A satellite route is one where the driver does not work out of the center. The packages for his area are brought to him, usually in a TP-60. He loads his own car, delivers his area, makes his pickups and brings the pickup pieces and any lookups back to the trailer so that they can be brought back to the center. UPS makes arrangements with a local business to park the package car there overnight.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1048250, member: 12570"] Stock was never $13/share. It IPO'd at around $20, shot up to around $80 and has traded in the $65-80 range ever since. The Thrift Plan was the precursor to the 401k. You could set aside up to $6/week--it was not uncommon for retirees to have balances in excess of $100K. The bonuses you speak of were a one-time thing given after a contract had been ratified. (1982?) The company has changed dramatically--had you started 20 years ago you would not recognize what the company has become. I don't know what PD stands for. A satellite route is one where the driver does not work out of the center. The packages for his area are brought to him, usually in a TP-60. He loads his own car, delivers his area, makes his pickups and brings the pickup pieces and any lookups back to the trailer so that they can be brought back to the center. UPS makes arrangements with a local business to park the package car there overnight. [/QUOTE]
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