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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: 5501231" data-attributes="member: 5724"><p>Essentially, yes. Somewhere between 31 and 32 years (in my case), the years of service pension becomes the lower payout and gets kicked to the curb. That number won't be the same for everyone, though. The figure is based on how long you worked under the different contracts through the years, and takes into account any time you may have missed due to layoffs, injuries, illnesses, etc. Also, once you're not on the years of service plan, you no longer need a full year of credit to see a bump. You should then see a small bump for every month you work.</p></blockquote><p></p>
[QUOTE="Automaton, post: 5501231, member: 5724"] Essentially, yes. Somewhere between 31 and 32 years (in my case), the years of service pension becomes the lower payout and gets kicked to the curb. That number won't be the same for everyone, though. The figure is based on how long you worked under the different contracts through the years, and takes into account any time you may have missed due to layoffs, injuries, illnesses, etc. Also, once you're not on the years of service plan, you no longer need a full year of credit to see a bump. You should then see a small bump for every month you work. [/QUOTE]
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How did you take your retirement payout?
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