Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Management Pension Changes Impact (On Topic)
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="APeonInALandOfCorpLackies" data-source="post: 2946102" data-attributes="member: 67558"><p>Yes, I concur. I listed out some of the top. I did notice the typical lawyer-speak of "we can <em>enhance</em> you even <u>more</u> at a later date!".</p><p></p><p>I also ran mine, but I always did 0% salary increase because, well, unless they move the hard cap, it's unlikely I'll get even 2% raises until retirement. More like, averages out to less than 1% per year.</p><p></p><p>I'm not sure if you noticed, but if you do multi-scenario and use, for example, 55, 60, 65, your monthly pension amount for 100% join survivor decreases in value.... I don't know if that's a flaw in the calculator thing, or it's actually accurate... I guess I made the assumption that <strong>frozen = frozen</strong>. Or maybe I'm wrong and it's frozen until you're 55 and as it thaws you lose some to evaporation =p?</p><p> </p><p>I guess maybe I assumed whatever the value is on 1/1/2023 is what the value is regardless of age of retirement....</p><p> </p><p>I've never planned on living what they say the number is, the only "fairly static" number I was hoping on was the pension amount (unless they enhance it again.) My wife will still be working for a bit after I retire (should I retire at 55), but I'm hoping to survive on as little as possible within enough of a comfort level I don't feel the need to go work somewhere part-time and can do some traveling here and there.</p></blockquote><p></p>
[QUOTE="APeonInALandOfCorpLackies, post: 2946102, member: 67558"] Yes, I concur. I listed out some of the top. I did notice the typical lawyer-speak of "we can [I]enhance[/I] you even [U]more[/U] at a later date!". I also ran mine, but I always did 0% salary increase because, well, unless they move the hard cap, it's unlikely I'll get even 2% raises until retirement. More like, averages out to less than 1% per year. I'm not sure if you noticed, but if you do multi-scenario and use, for example, 55, 60, 65, your monthly pension amount for 100% join survivor decreases in value.... I don't know if that's a flaw in the calculator thing, or it's actually accurate... I guess I made the assumption that [B]frozen = frozen[/B]. Or maybe I'm wrong and it's frozen until you're 55 and as it thaws you lose some to evaporation =p? I guess maybe I assumed whatever the value is on 1/1/2023 is what the value is regardless of age of retirement.... I've never planned on living what they say the number is, the only "fairly static" number I was hoping on was the pension amount (unless they enhance it again.) My wife will still be working for a bit after I retire (should I retire at 55), but I'm hoping to survive on as little as possible within enough of a comfort level I don't feel the need to go work somewhere part-time and can do some traveling here and there. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Management Pension Changes Impact (On Topic)
Top