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Brown Cafe UPS Forum
UPS Partners
Have other management retirees been hit with the Multi Employer Offset ???
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<blockquote data-quote="coolbrez" data-source="post: 1229662" data-attributes="member: 50332"><p>When you get your retirement calculations from corporate it is there in black and white. The only people who would be effected would be management retirees who were Teamsters. How many people is that these days....not many, if any at all. The question "back in the day" was, would my early retirement check be reduced because of my years as a Teamster. I was told by all my interviewers.... no. One of my partners lives near me, he was 17 years a Teamster, became a supervisor, then manager. He retired with a full 35 year early retirement at 55. UPS covers the Teamsters part of the retirement until 64 when you get the check from the Teamsters. If it weren't for this, nobody would have left the Teamsters for management if you were vested. I was just wondering if anyone else out there was in my situation. I doubt anyone in their right mind would go to management now from the Teamsters, there is no advantage as there was in the 70's and 80's.</p></blockquote><p></p>
[QUOTE="coolbrez, post: 1229662, member: 50332"] When you get your retirement calculations from corporate it is there in black and white. The only people who would be effected would be management retirees who were Teamsters. How many people is that these days....not many, if any at all. The question "back in the day" was, would my early retirement check be reduced because of my years as a Teamster. I was told by all my interviewers.... no. One of my partners lives near me, he was 17 years a Teamster, became a supervisor, then manager. He retired with a full 35 year early retirement at 55. UPS covers the Teamsters part of the retirement until 64 when you get the check from the Teamsters. If it weren't for this, nobody would have left the Teamsters for management if you were vested. I was just wondering if anyone else out there was in my situation. I doubt anyone in their right mind would go to management now from the Teamsters, there is no advantage as there was in the 70's and 80's. [/QUOTE]
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Have other management retirees been hit with the Multi Employer Offset ???
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