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UPS Union Issues
My dad was a former UPS Accounting Clerk, and i have a question about pensions...
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<blockquote data-quote="nick714754" data-source="post: 605803" data-attributes="member: 25338"><p>Hello everyone, my dad who is 52, just asked me about his possible pension plan with UPS. He worked there for 10 years, so was therefor vested in the plan, (I believe) and he then left to paint houses for a living which he still does. I was wondering how his plan is going to work. is it defined benefit? can he cash out right now? if not, how long does he have to wait? how much will it be for and for how long? </p><p></p><p>I know you guys probably are not plan administrators, but any help would be greatly appreciated!</p></blockquote><p></p>
[QUOTE="nick714754, post: 605803, member: 25338"] Hello everyone, my dad who is 52, just asked me about his possible pension plan with UPS. He worked there for 10 years, so was therefor vested in the plan, (I believe) and he then left to paint houses for a living which he still does. I was wondering how his plan is going to work. is it defined benefit? can he cash out right now? if not, how long does he have to wait? how much will it be for and for how long? I know you guys probably are not plan administrators, but any help would be greatly appreciated! [/QUOTE]
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My dad was a former UPS Accounting Clerk, and i have a question about pensions...
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