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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="Shiftless" data-source="post: 5592859" data-attributes="member: 47472"><p>When I was retiring, a friend who was 67 at the time and I was 49 and we were retiring within months of each other.</p><p></p><p>He worked for a Pepsi distributer. Drove a semi that fed the smaller delivery trucks from distribution points.</p><p></p><p>They didn't have a peer program or anything similar other than he was a teamster. He had 35 years in and I had 30. along with him being 18 years my senior in age.</p><p></p><p>He was shocked when we exchanged retirement numbers. Actually very pi $ $ ed.</p><p></p><p>He was to get a third of what I was going to get.</p><p></p><p>I recommend if possible, anyone thinking of quitting and too young to retire under the peer program, ride out your time in the peer program as its value is only there if you make it to actual retirement age. Leave early? Whole different animal!</p></blockquote><p></p>
[QUOTE="Shiftless, post: 5592859, member: 47472"] When I was retiring, a friend who was 67 at the time and I was 49 and we were retiring within months of each other. He worked for a Pepsi distributer. Drove a semi that fed the smaller delivery trucks from distribution points. They didn't have a peer program or anything similar other than he was a teamster. He had 35 years in and I had 30. along with him being 18 years my senior in age. He was shocked when we exchanged retirement numbers. Actually very pi $ $ ed. He was to get a third of what I was going to get. I recommend if possible, anyone thinking of quitting and too young to retire under the peer program, ride out your time in the peer program as its value is only there if you make it to actual retirement age. Leave early? Whole different animal! [/QUOTE]
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How did you take your retirement payout?
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