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Brown Cafe UPS Forum
UPS Retirement Topics
Central States Pension
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<blockquote data-quote="rod" data-source="post: 4103230" data-attributes="member: 5382"><p>Most sign up for the plan that gives you the <strong>whole</strong> pension and takes care of the wife for the first 5 years after you retire. If you wanted your wife to keep getting your pension as long as she lives (at a reduced rate mind you) you would have had to sign up for a different plan that lowered your pension by about a third. Its been a long time ago so I'm probably not spot on with those numbers. Most signed up for the 5 year plan because most buy a life insurance plan that she can live off of when you croak --- or she can find another meal ticket. .</p></blockquote><p></p>
[QUOTE="rod, post: 4103230, member: 5382"] Most sign up for the plan that gives you the [B]whole[/B] pension and takes care of the wife for the first 5 years after you retire. If you wanted your wife to keep getting your pension as long as she lives (at a reduced rate mind you) you would have had to sign up for a different plan that lowered your pension by about a third. Its been a long time ago so I'm probably not spot on with those numbers. Most signed up for the 5 year plan because most buy a life insurance plan that she can live off of when you croak --- or she can find another meal ticket. . [/QUOTE]
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