Retirement

Discussion in 'UPS Discussions' started by bitter to the bone, Feb 17, 2016.

  1. How old do you have to be to retire if you work part time?
     
  2. cosmo1

    cosmo1 Just another internet hooligan.

    Older than you want to be.
     
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  3. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    [​IMG]
     
  4. Number24

    Number24 #24

    PT pre-load? The sooner the better.
     
  5. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Why?
     
  6. Indecisi0n

    Indecisi0n Well-Known Member

  7. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    You can retire at any age; however, you cannot start drawing your pension until you have met the minimum age/years of service requirements.
     
  8. Number24

    Number24 #24

    The physical work if you're 40+
     
  9. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    There are lots of preload jobs that aren't that physical. Unload or sorter ok but anything else not that bad.
     
  10. rod

    rod retired and happy




    this guy was a part timer at UPS for 95 years
     
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  12. hondo

    hondo promoted to mediocrity

    @bitter to the bone , you need to know which pension plan you are in. Your shop steward or a knowledgeable coworker should be able to help you with that. Or a call to your business agent at your local. There is probably even some info at upsers(.)com

    If you are in the the "UPS Part-time Pension Plan" (company plan), see Article 34 Section 1(i) in the National Master Agreement. It lists '25 yrs at any age', '25 yrs at age 60', '30 yrs at any age', and '35 yrs at any age'. The dollar amounts shown there are for an older, lower accrual (payout) rate. Those are years of "Credited Service", which is defined in that Article.

    If you are in a Teamster plan, check your contract Supplement or Rider for basic info.

    Either way, it would be best to contact the pension plan itself. Ask for a statement/summary.
     
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