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UPS Union Issues
Ups pension hours
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<blockquote data-quote="PiedmontSteward" data-source="post: 1187933" data-attributes="member: 42270"><p>No. While this varies region by region, it typically takes a PT employee 750 hours to receive a full year of pension credit. If you're PT, then you're in the PT plan and don't receive credit for any hours worked over 750. The 1800 hour figure is for a full year of FT pension credit; any less for either results in the credit year being pro-rated accordingly. The PT pension plan and the FT pension plan are both different and both require five years of service in order to be vested. </p><p></p><p>We actually have a few high seniority PT'ers (15-20+ years) that probably won't have much of a pension waiting for them when they retire, as they typically go home 3+ days a week and there's no way they're accruing their required 750 hours per year.</p></blockquote><p></p>
[QUOTE="PiedmontSteward, post: 1187933, member: 42270"] No. While this varies region by region, it typically takes a PT employee 750 hours to receive a full year of pension credit. If you're PT, then you're in the PT plan and don't receive credit for any hours worked over 750. The 1800 hour figure is for a full year of FT pension credit; any less for either results in the credit year being pro-rated accordingly. The PT pension plan and the FT pension plan are both different and both require five years of service in order to be vested. We actually have a few high seniority PT'ers (15-20+ years) that probably won't have much of a pension waiting for them when they retire, as they typically go home 3+ days a week and there's no way they're accruing their required 750 hours per year. [/QUOTE]
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