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Brown Cafe UPS Forum
UPS Union Issues
tentative contract now online
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<blockquote data-quote="Ms.PacMan" data-source="post: 252814" data-attributes="member: 4656"><p>You may be right- this paragraph seems to support the 2 check idea</p><p> </p><p>"The UPS/IBT Plan will recognize full-time service in the CS Plan for determining eligibility for the benefits in this section and will offset at Normal Retirement Age the benefits accrued from the CS Plan commencing at Normal Retirement Age. If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset."</p><p> </p><p>But I don't get this paragraph. They will offset the 6% penalty to allow for the 25/30 and out but might not depending on what is "as permitted or required by law".</p><p> </p><p>Does anyone know what as permitted or required by law means?</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 252814, member: 4656"] You may be right- this paragraph seems to support the 2 check idea "The UPS/IBT Plan will recognize full-time service in the CS Plan for determining eligibility for the benefits in this section and will offset at Normal Retirement Age the benefits accrued from the CS Plan commencing at Normal Retirement Age. If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset." But I don't get this paragraph. They will offset the 6% penalty to allow for the 25/30 and out but might not depending on what is "as permitted or required by law". Does anyone know what as permitted or required by law means? [/QUOTE]
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