El Morado Diablo
Well-Known Member
I just looked at my info from the 401k/PPA switch. I'm currently getting a combined 9.5% from the company (3.5% match in the 401k and 6% in the PPA). Some of the older couriers are getting as much as 11.5% from the company due to age + years of service.
The PPA compensation credits and transition compensation credits are 8% + 5% = 13% for employees whose age + years of credited service is 75+. I think you had to be at least 40 years old at the time to qualify for the transition credits when they dropped the traditional pension.