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UPS Partners
UPS Management Retirement Pay out next year?
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<blockquote data-quote="Catatonic" data-source="post: 979185" data-attributes="member: 7966"><p>I have not heard anything within UPS but my Financial Adviser and I have been trying to figure out what the Value listed on Total Rewards means.</p><p>He thinks it is a buyout figure and has determined it is at best 40% of the money it would take to buy an annuity to replace the defined benefits of my UPS pension.</p><p></p><p>Note: I am over 55 with over 35 years in so I am fully funded so that is why I have around 40% compared to your associates that are not 55 yet who say it is less than 33%.</p><p></p><p>This is a common topic amongst many people getting close to retirement.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 979185, member: 7966"] I have not heard anything within UPS but my Financial Adviser and I have been trying to figure out what the Value listed on Total Rewards means. He thinks it is a buyout figure and has determined it is at best 40% of the money it would take to buy an annuity to replace the defined benefits of my UPS pension. Note: I am over 55 with over 35 years in so I am fully funded so that is why I have around 40% compared to your associates that are not 55 yet who say it is less than 33%. This is a common topic amongst many people getting close to retirement. [/QUOTE]
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UPS Management Retirement Pay out next year?
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