How does educational transfer work?

Discussion in 'UPS Union Issues' started by Wizthekid, Feb 8, 2015.

  1. Turdferguson

    Turdferguson Just a turd

    It has more to do with your pension than seniority. Different regions are under different pension plans
     
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  2. Backlasher

    Backlasher Stronger, Faster, Browner

    That can be fixed also.
     
  3. Turdferguson

    Turdferguson Just a turd

    How
     
  4. Backlasher

    Backlasher Stronger, Faster, Browner

    We have people who draw or built pension from both part time and full time. They get the credit that was vested from each. It can still be that way with other pensions.
     
  5. Backlasher

    Backlasher Stronger, Faster, Browner

    Say I have 15 years vested in Central states. I than transfer to another area. I keep my 15 year vestments with Central and now start building a pension under whatever new region I'm in. Say that I stay 10 years in the new transfer. Retirement would be a 15 year vested draw from Central and 10 year draw from the new location. It can be done
     
  6. Backlasher

    Backlasher Stronger, Faster, Browner

    As of now, say that I'm retired with 30 year central state. Just because I move out of the region, doesn't mean I don't continue to draw from it. This can be done. All depends on how open minded we are and how they would draw up the procedure.
     
  7. 542thruNthru

    542thruNthru Well-Known Member

    Actually it's not about seniority. It's about the pension.
     
  8. 542thruNthru

    542thruNthru Well-Known Member

    Pensions work differently in many areas. Where I am the amount of money you receive is not just dependent on the number of years worked.

    Also I don't want you broke ass central states guys coming over and ruining my pension. Stay where you are.
     
  9. BigUnionGuy

    BigUnionGuy Got the T-Shirt


    They are 2 separate pension plans, but it's addressed in the contract.



    There would have to be some sort contractual acknowledgment, recognizing the

    combined years of service. Even as it stands now, unless you are at what the plan

    determines as "normal retirement age" you would take a 6% rededuction

    (per year) from each of the plans.



    Don't worry.... you're safe.

    :biggrin:

    The only people in Central States that have to be concerned, are UPS members

    that retired before 2008 and non-UPS participants.



    -Bug-
     
  10. ManInBrown

    ManInBrown Well-Known Member

    How would they keep employees in places like NJ where i live? Ridiculous cost of living with very little in return for your money. If i could transfer i would be gone tomorrow
     
  11. 542thruNthru

    542thruNthru Well-Known Member

    California is the same but I can transfer to 11 different States. You'd be surprised how many people will stay.
     
  12. 542thruNthru

    542thruNthru Well-Known Member

    Though I do agree. NJ is a :censored2: hole. :)
     
  13. ManInBrown

    ManInBrown Well-Known Member

    At least you get something for your money in Ca. Beautiful weather and a beautiful place to live. NJ is a dump with horrible weather 6-8 months per year
     
  14. burrheadd

    burrheadd KING Of GIFS

    Yeah but you can always drive over by @Wally house and admire his yard

    If you stare real hard you can almost see Cali in the distance
     
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  15. 542thruNthru

    542thruNthru Well-Known Member

    Wally only dreams about CA.
     
  16. Wally

    Wally BrownCafe Innovator & King of Puns

    You are seeing fourty years of one party Democrat rule in action, sky high taxation with little return and no end in sight!

    Before one party rule, NJ was a low tax state with plenty of opportunity for the middle class. We didn't even have an income tax.
     
  17. Wally

    Wally BrownCafe Innovator & King of Puns

    Looks dusty and dry?
     
  18. 542thruNthru

    542thruNthru Well-Known Member

    We talking California or your wife? ;)