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Brown Cafe UPS Forum
UPS Retirement Topics
CS pension language cleared up
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<blockquote data-quote="scratch" data-source="post: 256127" data-attributes="member: 1674"><p>GuyinBrown, I think you are on to something. This is starting to sound better and better to me everyday. If you are ever thinking about retiring on any kind of Pension from UPS, this is a sweetheart deal, even if you are not in Central States. I think that in the future it will be possible that these improvements will be offered to the other Teamster Pension plans that aren't doing as well too. All pension plans are currently being hit with large numbers of baby boomers retiring, so they will need more cash coming in. Too many people are only focused on the raises, which are still twice of what our competition gets. It amazes me that so many people are so short sighted. My only question now is how my eight Part Time years credit in the UPS Pension plan under the Reciprocal Agreements will impact exactly when I can retire on a full pension. I am not sure if my 8 PT years will be added into my 23 years of credit under Central States, I am hoping to retire now long before I am 62.<img src="/community/styles/default/xenforo/smilies/group2/wheelchair.gif" class="smilie" loading="lazy" alt=":wheelchai" title="Wheelchair :wheelchai" data-shortname=":wheelchai" /></p></blockquote><p></p>
[QUOTE="scratch, post: 256127, member: 1674"] GuyinBrown, I think you are on to something. This is starting to sound better and better to me everyday. If you are ever thinking about retiring on any kind of Pension from UPS, this is a sweetheart deal, even if you are not in Central States. I think that in the future it will be possible that these improvements will be offered to the other Teamster Pension plans that aren't doing as well too. All pension plans are currently being hit with large numbers of baby boomers retiring, so they will need more cash coming in. Too many people are only focused on the raises, which are still twice of what our competition gets. It amazes me that so many people are so short sighted. My only question now is how my eight Part Time years credit in the UPS Pension plan under the Reciprocal Agreements will impact exactly when I can retire on a full pension. I am not sure if my 8 PT years will be added into my 23 years of credit under Central States, I am hoping to retire now long before I am 62.:wheelchai [/QUOTE]
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CS pension language cleared up
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