Not sure if this is old ground but I haven't seen any information here. I got a letter from UPS telling me that due to young people overwhelmingly wanting portable retirement plans that everyone born after 1979 would be kicked out of the retirement plan. I am being compensated with a raise from 3.0% to 3.5% matching in my 401k. Somehow I keep what I already have vested (6 years) but the way i read it sounds like a hose job. Anyone have any insights?
I'd also like to relate a funny story. All of my P/T sup co-workers and I received a letter from UPs warning us that someone within the company installed a malicious program that successfully downloaded information from our timecard program (not the HTM that hourly employees use). I have no idea why the PTRS has my address SS# etc... The letter was sent with instruction on how to lock our credit in case the culprit was after information for identity fraud. The punchline is that the letter was sent midway last year, and UPS finished investigation in 2005! ! 2.5 years later you are worried about my identity!
Thanks for letting me vent, any information you have will be helpful to me and hopefully some other P/T sups.