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Brown Cafe UPS Forum
UPS Retirement Topics
Best time of year to retire
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<blockquote data-quote="Overpaid Union Thug" data-source="post: 4943128" data-attributes="member: 198"><p>Getting hired later in the year affects pension and vacation allotments. Those of us that were fortunate enough to be hired very early in the year have an easier time with this. But, knowing your seniority date is key.</p><p></p><p> And the more part-time years you had the more wonky your calculations will be. But everyone will have big bumps in pay the farther out they calculate though. Regardless of whether or not they had part-time years. My big bump is when I calculate out to 36 years. It goes from $3317 to $3670. Every year before that is roughly $105 more. That is my full-time pension only. My part-time will be $495 per month once I reach the 30 year mark. It does not go up.</p></blockquote><p></p>
[QUOTE="Overpaid Union Thug, post: 4943128, member: 198"] Getting hired later in the year affects pension and vacation allotments. Those of us that were fortunate enough to be hired very early in the year have an easier time with this. But, knowing your seniority date is key. And the more part-time years you had the more wonky your calculations will be. But everyone will have big bumps in pay the farther out they calculate though. Regardless of whether or not they had part-time years. My big bump is when I calculate out to 36 years. It goes from $3317 to $3670. Every year before that is roughly $105 more. That is my full-time pension only. My part-time will be $495 per month once I reach the 30 year mark. It does not go up. [/QUOTE]
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Best time of year to retire
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