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Brown Cafe UPS Forum
UPS Partners
Management Buy-out and Pension cut
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<blockquote data-quote="...---..." data-source="post: 142981"><p>length of service x monthly salary x 23 x .20</p><p></p><p>I doubt that formula is correct. Try plugging in some numbers:</p><p></p><p>Length of service: 25 years</p><p>Monthly salary: $9,000</p><p></p><p>You get 25 x 9000 x 23 x .20 = $1,035,000</p><p></p><p>If this is the offer it will definately "clean out the closet" in a big hurry.</p></blockquote><p></p>
[QUOTE="...---..., post: 142981"] length of service x monthly salary x 23 x .20 I doubt that formula is correct. Try plugging in some numbers: Length of service: 25 years Monthly salary: $9,000 You get 25 x 9000 x 23 x .20 = $1,035,000 If this is the offer it will definately "clean out the closet" in a big hurry. [/QUOTE]
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Management Buy-out and Pension cut
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