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Brown Cafe UPS Forum
UPS Retirement Topics
500 hours left in 2015 for My Freedom
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<blockquote data-quote="onestoptogo" data-source="post: 1482308" data-attributes="member: 28490"><p>Actually, you do not need 25 years service in the Western Conference. You only need your 80 points, recent coverage, and 1000 hours within the last year of your retirement date to retire under PEER. Once you get your 500 hours in 2015 for your 80th point you are set. Just make sure you have the 1000 hours within the last year of your retirement date. The lock in feature is not required. That is used by people with 25 years and want to leave prior to reaching 80 points. Once their birthdays get them to 80 points then they can collect. </p><p></p><p>Another trick many use is to retire on the last day of the month and then take all your vacation weeks, sick days, optionals in a row. You will get your pension check on the next day and get to double dip for a short while.</p><p></p><p>The good news is that your pension guy in Oakland is correct and I doubt that you will need a lawyer.</p></blockquote><p></p>
[QUOTE="onestoptogo, post: 1482308, member: 28490"] Actually, you do not need 25 years service in the Western Conference. You only need your 80 points, recent coverage, and 1000 hours within the last year of your retirement date to retire under PEER. Once you get your 500 hours in 2015 for your 80th point you are set. Just make sure you have the 1000 hours within the last year of your retirement date. The lock in feature is not required. That is used by people with 25 years and want to leave prior to reaching 80 points. Once their birthdays get them to 80 points then they can collect. Another trick many use is to retire on the last day of the month and then take all your vacation weeks, sick days, optionals in a row. You will get your pension check on the next day and get to double dip for a short while. The good news is that your pension guy in Oakland is correct and I doubt that you will need a lawyer. [/QUOTE]
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