Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
when to get print out?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1372513" data-attributes="member: 12570"><p>This is my plan as well and, actually, it is the Union that normally doesn't allow it, not UPS. The company is going to pay your vacations in a lump sum whether you take them before or after your retirement date so it really doesn't matter to them when you take them. The Union has told me that it is standard practice to establish your retirement eligibility date and then count backwards the number of vacation weeks and personal/sick days that you have on the books to figure out what your last day will be. Your pension will begin on the 1st day of the following month so it is ideal to retire as close to the end of the month as possible, much the same as it is best to close on a mortgage as close to the end of the month as possible to avoid having to pre-pay interest on the loan.</p><p></p><p>My projected retirement date is May 2019. I plan on working right up to my 30 year mark and then take all of my vacation weeks and any remaining personal and sick days. A lot can change in 5 years but that is my plan for now.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1372513, member: 12570"] This is my plan as well and, actually, it is the Union that normally doesn't allow it, not UPS. The company is going to pay your vacations in a lump sum whether you take them before or after your retirement date so it really doesn't matter to them when you take them. The Union has told me that it is standard practice to establish your retirement eligibility date and then count backwards the number of vacation weeks and personal/sick days that you have on the books to figure out what your last day will be. Your pension will begin on the 1st day of the following month so it is ideal to retire as close to the end of the month as possible, much the same as it is best to close on a mortgage as close to the end of the month as possible to avoid having to pre-pay interest on the loan. My projected retirement date is May 2019. I plan on working right up to my 30 year mark and then take all of my vacation weeks and any remaining personal and sick days. A lot can change in 5 years but that is my plan for now. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
when to get print out?
Top