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Brown Cafe UPS Forum
UPS Union Issues
is there any chance of 25 and out at any age next contract?
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<blockquote data-quote="1989" data-source="post: 1462404" data-attributes="member: 10280"><p>What does health care have to do with your pension? Arnt they separate animals? You get your pension, say $2000 a month regardless (no health care coverage).</p><p></p><p>Actuaries look at the future or my pension plan. Then set what percentage of contributions are paid out for that year. Which I think is 1.2% in 2014. So let's say ups contributed $15,000 in 2014. $15,000 * .012 = $180 a month in future benefits for 2014. I don't think health care costs are a factor.</p></blockquote><p></p>
[QUOTE="1989, post: 1462404, member: 10280"] What does health care have to do with your pension? Arnt they separate animals? You get your pension, say $2000 a month regardless (no health care coverage). Actuaries look at the future or my pension plan. Then set what percentage of contributions are paid out for that year. Which I think is 1.2% in 2014. So let's say ups contributed $15,000 in 2014. $15,000 * .012 = $180 a month in future benefits for 2014. I don't think health care costs are a factor. [/QUOTE]
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is there any chance of 25 and out at any age next contract?
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