Am I losing any other benefits?

Discussion in 'UPS Discussions' started by srvhero, May 25, 2010.

  1. srvhero

    srvhero "leastbest"

    I work full time. Every chance I get I take a day if our center has extra drivers available. I average taking one day a week with no pay. Besides losing a day's pay, am I losing any other benefits. Is it affecting my end retirement date? Thanks to all.
  2. brown67

    brown67 Active Member

    I've heard that it can affect your retirement date. Depends on your pension fund. Call your local.

    SWORDFISH New Member

    Depends on what area of the US you work in. You have to work a certain amount of hours each month to keep your health benys and a certain amount of hours every year to get the full amount to your pension. If you were in my area you need 2080hrs for your full pension for the year. You also need to work 40hrs each month to stay covered.
  4. TheKid

    TheKid Well-Known Member

    Like Swordfish depends on where you need to check with your local. We need 500 hrs. every 6 months to keep health and welfare benefits. Personally I do not take much time off without pay because I like to always have a cushion incase anything would ever happen...hurt off job...leave of absence...etc. I do not know it off the top of my head but there is a # of hours you need each year to earn a year's worth of credit towards pension. My 1st year as a FT driver I was kinda on and off (not uncommon) and I only got 11 months pension credit. Did not seem like much then but it will when I turn 57 and need to work an extra month.
  5. JonFrum

    JonFrum Member

    It depends on what Supplement you are under, and what specific pension and health & welfare plan you are in.

    Check contract Article 34 (if appropriate,) and your Supplement's pension and health & welfare articles for the details of how many hours you need, and what hours count, under what conditions. Also check your Summary Plan Descriptions (SPD).

    Usually you can take a few days off, but not too many.

    Swordfish, are you sure you need 2080 hours to qualify for a full year's Pension Credit. Usually it's 1800 hours or so.
  6. JonFrum

    JonFrum Member

    I have bad news.

    Since you are young (TheKid) and from Massachusetts, you and I are in a pension plan that is about the worst in the nation. The trustees have already moved the retirement goalpost further away on several occasions. By the time you reach 57 you will probably have to work an extra decade, not just an extra month. :wink2:
  7. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    2080 is 52 x 40. That does seem a bit high. I only had 2074 hours reported in 2009 but did receive credit for a full years' credit toward my pension.

    I know when I was a casual we had to have 36 days in a quarter to get our benefits for the next quarter.
  8. upsgrunt

    upsgrunt Well-Known Member

    Are you sure about the 2074 hours? That's not even averaging 40 hours a week including December.

    SWORDFISH New Member

    Jon, I just reread it to make sure. Its 2080 but our pension is really good comparitive to other areas. None of us really think 2080 is high. We figure we are there by october every year. Last year I mist 2months and still made it by november.
  10. UPSF Peeon

    UPSF Peeon New Member

    who needs health insurance when your buddy obama is gonna give it to us all for free! he is paying for it himself!
  11. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    If you have a hard time interacting with adults perhaps you should stay on facebook or Twitter.
  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I just got my annual pension statement and that was the number of hours I was credited with. We are only credited for hours worked so vacations don't count. I went to upsers and checked my 12/31/09 paystub and I had 2316 hours, a difference of 242 hours.

    SWORDFISH New Member

    Are you sure you dont get credit for vacations because we do? We have alot of drivers that will finish their last year on vacation which qualifies for the minimum 500 hours they need for the year to count as a year.
  14. srvhero

    srvhero "leastbest"

    I work in the South East. We do get credit for our vacations. Most that I have seen retire do take all their vacation time at the end to expedite the process. I will contact my local, and stop taking non paid leave until I'm sure. The last thing I want to do is prolong my retirement.:happy-very:
  15. JonFrum

    JonFrum Member

    Upstate, does this language apply to you??? It's got your name in the title. :wink2:
  16. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Jon, it very well may but how would you explain the nearly 250 hour difference between hours worked and hours credited for pension purposes?
  17. JonFrum

    JonFrum Member

    Does your plan have an 8 hour per day maximum, a 40 hour per week maximum, or a 2,080 hour per year maximum?

    Did you take any unpaid voluntary layoff days?

    Go home early any time?

    Maybe its a clerical error?

    You'll have to investigate.
  18. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    To be honest, I am not that concerned about it. I have 21 years of pension credit which is right where I should be. I am also safe if they decide to impose a minimum retirement age regardless of years of service as I will be 58 when I get my 30 yrs in. Thanks for doing the research, Jon. Dave.
  19. Hi there,

    I'm thinking about becoming a UPS'er and I am trying to get benefits info. What's the best way to do this? I'm in Virginia - would be looking at becoming a package delivery driver, although, my application was changed by HR to read BID Air Driver at some point. Is there a difference in the job and it's associated benefits?
  20. UnsurePost

    UnsurePost making the unreadable unreadabler

    Part-time or full-time?