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Brown Cafe UPS Forum
UPS Union Issues
Death and or survivor benefits?
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<blockquote data-quote="MattM" data-source="post: 4794074" data-attributes="member: 53192"><p>in my local (western region 177 HC), we have an automatic 2080 x hourly rate for FT Life insurance benefits. One can also pay an additional amount per paycheck to increase your life insurance coverage ($1 per $1,000 or something similar). This is done once a year through your enrollment worksheet. </p><p></p><p></p><p>We also have a pacific coast trust (not sure if other regions have it), which is paid out upon death or departure of the company. And of course a pension.</p><p></p><p>They should be able to pay out all his unused time before they axe him from the payroll. And everything else should be out there for you to try and obtain info on. </p><p></p><p>Did he buy stocks or have a 401k he paid into? There could be lots of money UPS just wants you to forget about.</p></blockquote><p></p>
[QUOTE="MattM, post: 4794074, member: 53192"] in my local (western region 177 HC), we have an automatic 2080 x hourly rate for FT Life insurance benefits. One can also pay an additional amount per paycheck to increase your life insurance coverage ($1 per $1,000 or something similar). This is done once a year through your enrollment worksheet. We also have a pacific coast trust (not sure if other regions have it), which is paid out upon death or departure of the company. And of course a pension. They should be able to pay out all his unused time before they axe him from the payroll. And everything else should be out there for you to try and obtain info on. Did he buy stocks or have a 401k he paid into? There could be lots of money UPS just wants you to forget about. [/QUOTE]
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