Monthly pension

[Cardboard carrier]

Every local has a different pension setup.
Who has the best one and why?

 

[Richard Harrow]

804. They got a bump last contract and the company paid for it.

 

[UpstateNYUPSer(Ret)]

804. They got a bump last contract and the company paid for it.

Are you sure about that?

Pacific Northwest has the best closely followed by Upstate NY.

 

[Cardboard carrier]

Do you have any idea what their 30 and out numbers look like?

 

[UpstateNYUPSer(Ret)]

Do you have any idea what their 30 and out numbers look like?

Which one? Ours is $5.5K/month.

 

[IVE GOTTA PACKAGE 4U]

Which one? Ours is $5.5K/month.

And underfunded. what's Its real value?

 

[UpstateNYUPSer(Ret)]

And underfunded. what's Its real value?

A lot less than it needs to be.

 

[moreluck]

Which one? Ours is $5.5K/month.

Ha Ha Ha Ha !!!!!

 

[BrownTexas]

Which one? Ours is $5.5K/month.

I'd take that if I were you... And move to Texas ASAP. You could be a rich man with that.

 

[UpstateNYUPSer(Ret)]

I'd take that if I were you... And move to Texas ASAP. You could be a rich man with that.

I spent 4 years in Lubbock while stationed at Reese AFB. That's enough for me.

 

[By The Book]

Which one? Ours is $5.5K/month.

Can those numbers change if the plan was in trouble? I thought someone mentioned yours was funded under 50%.

 

[UpstateNYUPSer(Ret)]

Can those numbers change if the plan was in trouble? I thought someone mentioned yours was funded under 50%.

My pension should be OK but I do fear that future retirees may receive a much lower amount.

My personal hope is that the company takes over our pension plan.

 

[brownmonster]

My pension should be OK but I do fear that future retirees may receive a much lower amount.

My personal hope is that the company takes over our pension plan.

If that happens the max payment would probably mirror the UPS/IBT plan.

 

[retiredTxfeeder]

I spent 4 years in Lubbock while stationed at Reese AFB. That's enough for me.

That's funny, Dave. Texas said the same thing about you.

 

[rod]

Can those numbers change if the plan was in trouble? I thought someone mentioned yours was funded under 50%.

ALL numbers can be changed---you know what they say about death and taxes.

 

[UpstateNYUPSer(Ret)]

That's funny, Dave. Texas said the same thing about you.

They loved me long time.

 

[Inthegame]

If that happens the max payment would probably mirror the UPS/IBT plan.

Remove "probably" from that post.

 

[Jones]

Hard to beat 639's payout. Pretty sure it's the highest in the country right now.

 

[jerseyupser]

What pension fund isn't under funded??

 

[jerseyupser]

Hard to beat 639's payout. Pretty sure it's the highest in the country right now.

What's the payout?