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UPS Retirement Topics
Ready to retire "Happy, Wild, and Free"
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<blockquote data-quote="trickpony1" data-source="post: 1073893" data-attributes="member: 1957"><p>I agree and alot of people either don't know or don't care about this.</p><p>I can only speak of what I've been told about the Central States H and W Retirement.</p><p>I am told benefits are paid on straight time only. Most people say, "well.....I work alot of OT so I've got the required number of hours.". No, you don't.</p><p>The number 1601 keeps popping up. This would be 40 weeks multiplied by 40 hours a week.</p><p>But it gets better............</p><p>The number 1801 keeps popping up.</p><p>This would be 200 straight time hours beyond 1601 (5 weeks multiplied by 40 hours per week).</p><p>So Upstate is right. Make GD sure you have your fulltime contributory credit years in writing before you retire.</p><p>But then I'm told trying to get a straight answer out of anyone associated with the UPS/IBT pension plan is impossible.......</p><p></p><p>(I can't believe I just agreed with Upstate)</p></blockquote><p></p>
[QUOTE="trickpony1, post: 1073893, member: 1957"] I agree and alot of people either don't know or don't care about this. I can only speak of what I've been told about the Central States H and W Retirement. I am told benefits are paid on straight time only. Most people say, "well.....I work alot of OT so I've got the required number of hours.". No, you don't. The number 1601 keeps popping up. This would be 40 weeks multiplied by 40 hours a week. But it gets better............ The number 1801 keeps popping up. This would be 200 straight time hours beyond 1601 (5 weeks multiplied by 40 hours per week). So Upstate is right. Make GD sure you have your fulltime contributory credit years in writing before you retire. But then I'm told trying to get a straight answer out of anyone associated with the UPS/IBT pension plan is impossible....... (I can't believe I just agreed with Upstate) [/QUOTE]
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