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UPS Union Issues
2018 Contract leaks
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<blockquote data-quote="MC4YOU2" data-source="post: 3167404" data-attributes="member: 5485"><p>Correct. You normally receive two possible PEER points annually. One for crossing the 500 hour mark and one for your birthday. If you subtract your current age from the qualifying 80 points needed to retire and divide that result by two, you'll have the number of years needed to qualify for your pension. </p><p></p><p>Fyi. If a FT driver is injured on the job (in the Western Conference) prior to reaching 500 contributory pension hours, UPS must pay into that driver's pension, up to the 500 hour mark. If a driver is off work from an on the job injury after already accumulating at least 500 hours, they're off the hook.</p></blockquote><p></p>
[QUOTE="MC4YOU2, post: 3167404, member: 5485"] Correct. You normally receive two possible PEER points annually. One for crossing the 500 hour mark and one for your birthday. If you subtract your current age from the qualifying 80 points needed to retire and divide that result by two, you'll have the number of years needed to qualify for your pension. Fyi. If a FT driver is injured on the job (in the Western Conference) prior to reaching 500 contributory pension hours, UPS must pay into that driver's pension, up to the 500 hour mark. If a driver is off work from an on the job injury after already accumulating at least 500 hours, they're off the hook. [/QUOTE]
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