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Brown Cafe UPS Forum
UPS Union Issues
No insurance till 55 when you retire
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<blockquote data-quote="balland chain" data-source="post: 1145286" data-attributes="member: 43608"><p>I am thinking of retiring in the next few months.. I have 25 full time years in.. I will be 50 if I retire when I want to.. I asked my business agent and he told me this."you will not get insurance if you retire at 50, you will be offered Central states insurance one time when you turn 55, you can accept it and pay the premiums at what ever rate they are, or you can turn it down.. If you turn it down, you will NOT be offered or able to get that insurance again." To retire and get the CS insurance you must wait until you are at least 55 years old.. This came straight from his mouth, and I have been told this before.. I live in the south where we have had to put up with the <img src="http://*" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="http://*" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="http://*" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="http://*" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="http://*" alt="" class="fr-fic fr-dii fr-draggable " style="" /><img src="http://*" alt="" class="fr-fic fr-dii fr-draggable " style="" />y Central States insurance for a long time.. I has only gotten worse... I am planning on checking out other insurance companies in the very near future to see what the cost is and what it will cover.. If I retire soon I will need to pay another company for insurance and when I turn 55 I will need to reassess my insurance situation to see if the CS insurance is cheaper and or better than what I have.. Hell when I<em> started I was told free insurance when you retire at any age,, that is long gone... Yeah, I agree, this TA SUCKS ...GL</em></p></blockquote><p></p>
[QUOTE="balland chain, post: 1145286, member: 43608"] I am thinking of retiring in the next few months.. I have 25 full time years in.. I will be 50 if I retire when I want to.. I asked my business agent and he told me this."you will not get insurance if you retire at 50, you will be offered Central states insurance one time when you turn 55, you can accept it and pay the premiums at what ever rate they are, or you can turn it down.. If you turn it down, you will NOT be offered or able to get that insurance again." To retire and get the CS insurance you must wait until you are at least 55 years old.. This came straight from his mouth, and I have been told this before.. I live in the south where we have had to put up with the [IMG]*[/IMG][IMG]*[/IMG][IMG]*[/IMG][IMG]*[/IMG][IMG]*[/IMG][IMG]*[/IMG]y Central States insurance for a long time.. I has only gotten worse... I am planning on checking out other insurance companies in the very near future to see what the cost is and what it will cover.. If I retire soon I will need to pay another company for insurance and when I turn 55 I will need to reassess my insurance situation to see if the CS insurance is cheaper and or better than what I have.. Hell when I[I] started I was told free insurance when you retire at any age,, that is long gone... Yeah, I agree, this TA SUCKS ...GL[/I] [/QUOTE]
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No insurance till 55 when you retire
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