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Brown Cafe UPS Forum
UPS Retirement Topics
Can anyone explain the western conference of teamsters pension trust?
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<blockquote data-quote="zubenelgenubi" data-source="post: 3632588" data-attributes="member: 63706"><p>You work 500 hours in a year, that year counts toward your peer 80. To reach peer 80 it is age plus number of years you worked at least 500 hours. You can lock in the peer 80 after 25 years of participation. Your benefit amount is calculated based on how much money UPS pays into the pension on your behalf. I don't know what the hour per year cap that UPS has to pay in for part timers is, but it is a max of 2080 hrs for full time. So people who take a lot of request off days don't generally earn as much in their pension.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 3632588, member: 63706"] You work 500 hours in a year, that year counts toward your peer 80. To reach peer 80 it is age plus number of years you worked at least 500 hours. You can lock in the peer 80 after 25 years of participation. Your benefit amount is calculated based on how much money UPS pays into the pension on your behalf. I don't know what the hour per year cap that UPS has to pay in for part timers is, but it is a max of 2080 hrs for full time. So people who take a lot of request off days don't generally earn as much in their pension. [/QUOTE]
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Can anyone explain the western conference of teamsters pension trust?
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