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Brown Cafe UPS Forum
UPS Partners
MIP Formal Presentation
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 788766" data-attributes="member: 12570"><p>It sounds as though you have never heard of the Thrift Plan. I forget many of the particulars but I do know that we were able to have money taken from our check and UPS would contribute based upon their profit. I know some of our now retired drivers became very wealthy when they converted their Thrift Plans in to UPS stock during the IPO. One driver in particular in my center took his $180K and converted it in to $1.2M in stock.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 788766, member: 12570"] It sounds as though you have never heard of the Thrift Plan. I forget many of the particulars but I do know that we were able to have money taken from our check and UPS would contribute based upon their profit. I know some of our now retired drivers became very wealthy when they converted their Thrift Plans in to UPS stock during the IPO. One driver in particular in my center took his $180K and converted it in to $1.2M in stock. [/QUOTE]
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