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Brown Cafe UPS Forum
UPS Retirement Topics
How long have u worked at UPS and how many years do u have left until retirement?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 5132689" data-attributes="member: 12570"><p>From what I have been told back in the 80's my pension fund was 103% funded and was given the choice of either increasing monthly pension benefits or sending the surplus back to DC; fortunately, they chose the former. Now they are having to be bailed out. I was fortunate in that I "only" lost 18% of my pension-----those who were already retired lost 29%.</p><p></p><p>You might find this interesting:</p><p></p><p>[URL unfurl="true"]https://www.nystpensionfund.org/media/1224/20220104-sfa-application-update.pdf[/URL]</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 5132689, member: 12570"] From what I have been told back in the 80's my pension fund was 103% funded and was given the choice of either increasing monthly pension benefits or sending the surplus back to DC; fortunately, they chose the former. Now they are having to be bailed out. I was fortunate in that I "only" lost 18% of my pension-----those who were already retired lost 29%. You might find this interesting: [URL unfurl="true"]https://www.nystpensionfund.org/media/1224/20220104-sfa-application-update.pdf[/URL] [/QUOTE]
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How long have u worked at UPS and how many years do u have left until retirement?
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