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Brown Cafe UPS Forum
UPS Retirement Topics
Unused vacation upon retiring
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1540758" data-attributes="member: 12570"><p>The only reason I could see for not being approved for a retirement date is not having the required numbers for a year of pension credit for each of the years that you need to be eligible to retire. We have had several retirees who were surprised to learn they had to work longer than expected due to too much unpaid time off during the year.</p><p></p><p>This is why it is so important to check your annual pension statements and to correct any errors immediately rather than wait until you get closer to retirement. When you get within 5 years of retirement send in a request to your pension office for a projected retirement date. I did this and was pleasantly surprised to learn I can retire 9 months earlier than expected. Make sure to track everything from that point forward to make sure there are no surprises.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1540758, member: 12570"] The only reason I could see for not being approved for a retirement date is not having the required numbers for a year of pension credit for each of the years that you need to be eligible to retire. We have had several retirees who were surprised to learn they had to work longer than expected due to too much unpaid time off during the year. This is why it is so important to check your annual pension statements and to correct any errors immediately rather than wait until you get closer to retirement. When you get within 5 years of retirement send in a request to your pension office for a projected retirement date. I did this and was pleasantly surprised to learn I can retire 9 months earlier than expected. Make sure to track everything from that point forward to make sure there are no surprises. [/QUOTE]
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Unused vacation upon retiring
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