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Future Mgmt Retirees - What U may not know!
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<blockquote data-quote="UPS Lifer" data-source="post: 193589" data-attributes="member: 9789"><p>Based on some of the answers I have read, there are others out there that thought the same thing as I did. (You would get 2 pensions). My concern is that I do not want to see people working until they are 60 or 65 because they didn't plan on only one pension. I wrote to Corporate HR to try and get the word out to the districts to let folks know well in advance of retirement that the Teamster pension they receive is subtracted from the UPS Management Pension. Unfortunately or fortunately depending on what side of the fence you are on, there are ways to collect more than one pension this gives UPSers the false impression that you can do the same with a Teamster pension.</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 193589, member: 9789"] Based on some of the answers I have read, there are others out there that thought the same thing as I did. (You would get 2 pensions). My concern is that I do not want to see people working until they are 60 or 65 because they didn't plan on only one pension. I wrote to Corporate HR to try and get the word out to the districts to let folks know well in advance of retirement that the Teamster pension they receive is subtracted from the UPS Management Pension. Unfortunately or fortunately depending on what side of the fence you are on, there are ways to collect more than one pension this gives UPSers the false impression that you can do the same with a Teamster pension. [/QUOTE]
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