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UPS Retirement Topics
BA Told Me I Can Not Do ANY Driving Jobs As Retired Feeder?
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<blockquote data-quote="cosmo1" data-source="post: 1852052" data-attributes="member: 13442"><p>Quoted from Central Pa Pension Fund:</p><p></p><p><span style="font-size: 22px"><strong>What Are the Rules for Suspension of Benefits if I Work After I Begin to Receive Benefits?</strong></span></p><p>The Pension Fund’s Suspension of Benefit Rules generally provide that your monthly pension benefit will be suspended (i.e. stopped) if you are reemployed after retirement in a similar type job (or supervising a similar type job) that you had prior to retirement. * However, there are exceptions to this rule.</p><p></p><p>Your monthly pension benefits will not be suspended for any month in which you are paid for less than 56 hours, regardless of whether the pay is for working or non-working hours. In determining whether you are paid for 56 or more hours, the Fund doesn’t count pay you receive for vacation, sick time, holidays, disability or severance.</p><p></p><p>Additionally, your benefits will not be suspended unless all three of the following apply to your new job:</p><p></p><ul> <li data-xf-list-type="ul">The job is in an industry or business in which employees covered by the Pension Fund are employed, and</li> <li data-xf-list-type="ul">The job is in the trade or craft in which you worked as a Teamster. (Note: this “trade or craft requirement” for suspension will generally be met if your present job requires you to use the skills that you used as a Teamster), and</li> <li data-xf-list-type="ul">The job is in the same geographic area covered by the Pension Fund.</li> </ul><p>Furthermore, the Pension Fund will not suspend pension checks to any person who is age 70 ½ or older.</p><p></p><p></p><p></p><p>Your's may be different.</p></blockquote><p></p>
[QUOTE="cosmo1, post: 1852052, member: 13442"] Quoted from Central Pa Pension Fund: [SIZE=6][B]What Are the Rules for Suspension of Benefits if I Work After I Begin to Receive Benefits?[/B][/SIZE] The Pension Fund’s Suspension of Benefit Rules generally provide that your monthly pension benefit will be suspended (i.e. stopped) if you are reemployed after retirement in a similar type job (or supervising a similar type job) that you had prior to retirement. * However, there are exceptions to this rule. Your monthly pension benefits will not be suspended for any month in which you are paid for less than 56 hours, regardless of whether the pay is for working or non-working hours. In determining whether you are paid for 56 or more hours, the Fund doesn’t count pay you receive for vacation, sick time, holidays, disability or severance. Additionally, your benefits will not be suspended unless all three of the following apply to your new job: [LIST] [*]The job is in an industry or business in which employees covered by the Pension Fund are employed, and [*]The job is in the trade or craft in which you worked as a Teamster. (Note: this “trade or craft requirement” for suspension will generally be met if your present job requires you to use the skills that you used as a Teamster), and [*]The job is in the same geographic area covered by the Pension Fund. [/LIST] Furthermore, the Pension Fund will not suspend pension checks to any person who is age 70 ½ or older. Your's may be different. [/QUOTE]
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BA Told Me I Can Not Do ANY Driving Jobs As Retired Feeder?
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