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Pension/Rehire Question

This is a discussion on Pension/Rehire Question within the UPS Discussions forums, part of the Brown Cafe UPS Forum category; If I quit UPS and get rehired and another hub or center do I still keep all the money in ...

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Old 05-17-2008, 05:22 PM   #1
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Default Pension/Rehire Question

If I quit UPS and get rehired and another hub or center do I still keep all the money in my pension/401k
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Old 05-17-2008, 05:32 PM   #2
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Default Re: Pension/Rehire Question

Yes,it is your money.If you roll it over to another fund there is no penalty.If you take the money you will be taxed at I believe 20% but I am not 100% sure about thet.It may be more.
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Old 05-17-2008, 05:58 PM   #3
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Default Re: Pension/Rehire Question

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Originally Posted by MonavieLeaker View Post
If I quit UPS and get rehired and another hub or center do I still keep all the money in my pension/401k
The 401k money is yours....The pension you only keep if you are vested....Western States its 5 years to get vested, otherwise you lose it.
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