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UPS Partners
Whats the buzz in management?
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<blockquote data-quote="BSUUPS" data-source="post: 99134" data-attributes="member: 4895"><p>HERE IS THE BUZZ...Management Pension plan is changing-but not in 2 weeks,... will be announced "2 weeks" after ERI. It is the Rule of 62. If you were born after 62 your new retirement age will now be (you guessed it) 62!..There is some fine print and legaleze, but that is the deal in a nutshell. You can still leave after 55 with <em><u>some</u></em> limited benefits and pension, but it is severely penalized. Fortunately I was born in 59 so I am all good...ALL I can say (wihtout losing my job) is that this is on a good source. The details are sketchy but <em>the Rule of 62</em> is inevitable.</p></blockquote><p></p>
[QUOTE="BSUUPS, post: 99134, member: 4895"] HERE IS THE BUZZ...Management Pension plan is changing-but not in 2 weeks,... will be announced "2 weeks" after ERI. It is the Rule of 62. If you were born after 62 your new retirement age will now be (you guessed it) 62!..There is some fine print and legaleze, but that is the deal in a nutshell. You can still leave after 55 with [I][U]some[/U][/I] limited benefits and pension, but it is severely penalized. Fortunately I was born in 59 so I am all good...ALL I can say (wihtout losing my job) is that this is on a good source. The details are sketchy but [I]the Rule of 62[/I] is inevitable. [/QUOTE]
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Whats the buzz in management?
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