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Brown Cafe UPS Forum
UPS Partners
Management Buyout Rumors
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<blockquote data-quote="All bets off" data-source="post: 286885"><p>175 x years of service will net a better pension than a manager/sup would get with the current plan. 175 x 30 years = 5250. 175 x 25 years =4375. 175 x 20 years = 3500.</p><p></p><p>A manager/sup with 30 years at age 55 would be lucky to get 3500-4000 with the current plan.</p><p></p><p>Seems unlikey that a flat rate per year would be offered to all levels regardless of current pay. </p><p></p><p>Time will tell. Something is likely to be offered. After the offer, all bets are off. Take it or take to consequences; transfer, layoff, demotion, lower pay rate, etc.</p><p></p><p>IMO</p></blockquote><p></p>
[QUOTE="All bets off, post: 286885"] 175 x years of service will net a better pension than a manager/sup would get with the current plan. 175 x 30 years = 5250. 175 x 25 years =4375. 175 x 20 years = 3500. A manager/sup with 30 years at age 55 would be lucky to get 3500-4000 with the current plan. Seems unlikey that a flat rate per year would be offered to all levels regardless of current pay. Time will tell. Something is likely to be offered. After the offer, all bets are off. Take it or take to consequences; transfer, layoff, demotion, lower pay rate, etc. IMO [/QUOTE]
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