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Brown Cafe UPS Forum
UPS Partners
Management Retirement at 59
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<blockquote data-quote="Catatonic" data-source="post: 1188866" data-attributes="member: 7966"><p>The amount in Total Rewards caught my attention and was one of the motivating factors for my early retirement in Feb this year.</p><p>When I discussed this with higher ups, they seemed a bit confused ... out of the loop.</p><p>I think UPS is prepping to roll-over into 401k at some point but they probably will not do that until an annuity can replace the monthly pension payments with the amount UPS has in Total rewards. You could come close to that in 2007 but not even close since. My investigations revealed the amount in Total rewards is about 40% of what is needed.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1188866, member: 7966"] The amount in Total Rewards caught my attention and was one of the motivating factors for my early retirement in Feb this year. When I discussed this with higher ups, they seemed a bit confused ... out of the loop. I think UPS is prepping to roll-over into 401k at some point but they probably will not do that until an annuity can replace the monthly pension payments with the amount UPS has in Total rewards. You could come close to that in 2007 but not even close since. My investigations revealed the amount in Total rewards is about 40% of what is needed. [/QUOTE]
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