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Brown Cafe UPS Forum
UPS Union Issues
To all those who want to vote YES on the proposed contract...
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<blockquote data-quote="GuyinBrown" data-source="post: 256871" data-attributes="member: 9444"><p>I don't think that is correct Saw. Listen to them explain it in the video. There are 2 types of pensions available to you, one is a service pension ( like the 30 and out ) with a $3500 max. There is also an accrual pension available, and I don't believe that has a limit. However, it IS subject to a .5% per month penalty for every month you retire under age 62. At the time of your retirement, they will figure out the benefit for each and you will be given the pension the higher amount.</p></blockquote><p></p>
[QUOTE="GuyinBrown, post: 256871, member: 9444"] I don't think that is correct Saw. Listen to them explain it in the video. There are 2 types of pensions available to you, one is a service pension ( like the 30 and out ) with a $3500 max. There is also an accrual pension available, and I don't believe that has a limit. However, it IS subject to a .5% per month penalty for every month you retire under age 62. At the time of your retirement, they will figure out the benefit for each and you will be given the pension the higher amount. [/QUOTE]
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To all those who want to vote YES on the proposed contract...
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