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Brown Cafe UPS Forum
UPS Retirement Topics
Dreaded Pension Funding Level Letter
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<blockquote data-quote="soberups" data-source="post: 727575" data-attributes="member: 14668"><p>Its an estimate on my part. Another driver recently retired with 27 years, and he is making about $4k per month. His first few years were prior to the 1987 contract when we got the huge increase in pension contributions, whereas all of my years are post-87. I will have to work 3 years longer than him to hit PEER 80 due to the young age at which I started, so my contributions will be greater.</p></blockquote><p></p>
[QUOTE="soberups, post: 727575, member: 14668"] Its an estimate on my part. Another driver recently retired with 27 years, and he is making about $4k per month. His first few years were prior to the 1987 contract when we got the huge increase in pension contributions, whereas all of my years are post-87. I will have to work 3 years longer than him to hit PEER 80 due to the young age at which I started, so my contributions will be greater. [/QUOTE]
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Dreaded Pension Funding Level Letter
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