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Brown Cafe UPS Forum
UPS Retirement Topics
How did you take your retirement payout?
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<blockquote data-quote="Automaton" data-source="post: 5501168" data-attributes="member: 5724"><p>When I ran similar scenarios through the calculator, I learned that in my case the years of service pension actually gets replaced by the contributory pension at approximately 32 years. So even if I work 35 years, I should get more than $4300/mo. For example, if I retire on 3/1/2023 the number for me is $3800/mo, which is still under the years of service plan. But looking ahead to 3/1/2024 the number jumps to $4171.40/mo, which is no longer a nice even years of service number.</p></blockquote><p></p>
[QUOTE="Automaton, post: 5501168, member: 5724"] When I ran similar scenarios through the calculator, I learned that in my case the years of service pension actually gets replaced by the contributory pension at approximately 32 years. So even if I work 35 years, I should get more than $4300/mo. For example, if I retire on 3/1/2023 the number for me is $3800/mo, which is still under the years of service plan. But looking ahead to 3/1/2024 the number jumps to $4171.40/mo, which is no longer a nice even years of service number. [/QUOTE]
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How did you take your retirement payout?
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