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Brown Cafe UPS Forum
UPS Partners
Management Pensions
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<blockquote data-quote="upsoldtimer" data-source="post: 1106565" data-attributes="member: 8646"><p>The MIP award is indeed included in the management pension calculation, up to a maximum of two units of stock. Stock Options, for those managers at a higher level, are not included in the pension calculation. The highest 5 consecutive years of earnings out of the last 10 years of one's employment are used to calculate the pension amount. This is true for management all throughout the U.S. You can go to the bank on this information baby.....</p></blockquote><p></p>
[QUOTE="upsoldtimer, post: 1106565, member: 8646"] The MIP award is indeed included in the management pension calculation, up to a maximum of two units of stock. Stock Options, for those managers at a higher level, are not included in the pension calculation. The highest 5 consecutive years of earnings out of the last 10 years of one's employment are used to calculate the pension amount. This is true for management all throughout the U.S. You can go to the bank on this information baby..... [/QUOTE]
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