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Brown Cafe UPS Forum
UPS Union Issues
No mention of 25 and out Pension Pay in the teleconference
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<blockquote data-quote="brown_trousers" data-source="post: 3687841" data-attributes="member: 29972"><p>I dont believe so. All years of service whether part time or full time count the same. But 80-and-out only determines when you can retire. as for how much money you get, thats a completely seperate calculation. </p><p></p><p>here is quote from the WCTPT website:</p><p>"The Plan uses a calendar year for determining whether you have earned a year of contributory service towards your PEER points. For each calendar year that you work at least 500 covered hours under a PEER pension agreement, you earn a point."</p><p></p><p>since part-timers are also working under a peer plan, peer-84, they receive their "1 point" of service for every year they work 500 hours or more</p></blockquote><p></p>
[QUOTE="brown_trousers, post: 3687841, member: 29972"] I dont believe so. All years of service whether part time or full time count the same. But 80-and-out only determines when you can retire. as for how much money you get, thats a completely seperate calculation. here is quote from the WCTPT website: "The Plan uses a calendar year for determining whether you have earned a year of contributory service towards your PEER points. For each calendar year that you work at least 500 covered hours under a PEER pension agreement, you earn a point." since part-timers are also working under a peer plan, peer-84, they receive their "1 point" of service for every year they work 500 hours or more [/QUOTE]
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No mention of 25 and out Pension Pay in the teleconference
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