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Brown Cafe UPS Forum
UPS Partners
Management Pension Changes Impact (On Topic)
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<blockquote data-quote="beentheredonethat" data-source="post: 2951700" data-attributes="member: 4886"><p>About a year or so ago, the calculator was changed to use your base salary (with the assumed increases you enter). Then they included in MIP after that to help to smooth out how MIP impacted your rate, this was done supposedly to improve the accuracy of long term retirement planning. However, from 3 months ago until the new changes. By me putting in a 2% increase and them putting in a 3% increase, calculating MIP the same, they should have had a higher retirement than I calculated. Instead they were well over 100/month lower.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 2951700, member: 4886"] About a year or so ago, the calculator was changed to use your base salary (with the assumed increases you enter). Then they included in MIP after that to help to smooth out how MIP impacted your rate, this was done supposedly to improve the accuracy of long term retirement planning. However, from 3 months ago until the new changes. By me putting in a 2% increase and them putting in a 3% increase, calculating MIP the same, they should have had a higher retirement than I calculated. Instead they were well over 100/month lower. [/QUOTE]
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Management Pension Changes Impact (On Topic)
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