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Brown Cafe UPS Forum
UPS Retirement Topics
benefit in retirement for part-timer
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<blockquote data-quote="tardus" data-source="post: 924695" data-attributes="member: 18896"><p>Thank you for the link for the interesting article concerning Local 705. The company completely controls the UPS Pension Plan for part-timers, but there are differences in the plans in different areas of the country. Our plan in the mid-Atlantic region is coded with the identifying Plan Number 022 -- found in the summary plan description. The health care benefit for retiring part-timers over age 55 with at least 25 years of service was a new benefit won in recent contracts. I think that any part-time employees counting on this benefit to substantially defray the cost of health insurance in retirement will be seriously disappointed. Are any UPSers nearing retirement aware of a better deal in health care through AARP, etc.?</p></blockquote><p></p>
[QUOTE="tardus, post: 924695, member: 18896"] Thank you for the link for the interesting article concerning Local 705. The company completely controls the UPS Pension Plan for part-timers, but there are differences in the plans in different areas of the country. Our plan in the mid-Atlantic region is coded with the identifying Plan Number 022 -- found in the summary plan description. The health care benefit for retiring part-timers over age 55 with at least 25 years of service was a new benefit won in recent contracts. I think that any part-time employees counting on this benefit to substantially defray the cost of health insurance in retirement will be seriously disappointed. Are any UPSers nearing retirement aware of a better deal in health care through AARP, etc.? [/QUOTE]
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benefit in retirement for part-timer
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