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Brown Cafe UPS Forum
UPS Retirement Topics
UPS Special Pension Buyout Offer - December 2016
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<blockquote data-quote="Post Trippin" data-source="post: 2383711" data-attributes="member: 64414"><p>When i started i worked part time at the air dock. Someone who was there for 5 1/2 years part time had just quit. I ran into him a year later and had mentioned that UPS bought out his pension for $5,000. And this took place back in 2000.</p><p></p><p>I just received a letter from UPS saying my benefit would be $1073.61 per month for life at age 65 with limited spouse etc...</p><p>I did 7.5 part time & 7.5 full time.</p><p>So doing the math i wouldnt let UPS off the hook for anything less than $100k.</p><p>I have a feeling they are gonna offer 60months worth of payments. Hopefully i am wrong</p></blockquote><p></p>
[QUOTE="Post Trippin, post: 2383711, member: 64414"] When i started i worked part time at the air dock. Someone who was there for 5 1/2 years part time had just quit. I ran into him a year later and had mentioned that UPS bought out his pension for $5,000. And this took place back in 2000. I just received a letter from UPS saying my benefit would be $1073.61 per month for life at age 65 with limited spouse etc... I did 7.5 part time & 7.5 full time. So doing the math i wouldnt let UPS off the hook for anything less than $100k. I have a feeling they are gonna offer 60months worth of payments. Hopefully i am wrong [/QUOTE]
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