Milkman: You'll have a very difficult time changing the provisions of the UPS Pension Plan. UPSers, full-time and part-time, all across the country, not just in your area, have been voting "Yes" on your plan's horrible provisions for many years.
Menotyou: They can't expell the pension plan administration. The Plan is run exclusively by UPS. All Trustees are UPS people, not Teamsters. The Teamsters' only conection is that they negotiate a few paragraphs in Article 34 that allow a portion of UPS part-timers to participate in UPS' fund.
Chnandler Bong: Would it surprise you to know that according to the Fund's 2009 Form-5500, UPS contributed ZERO dollars to the fund in 2008? It's not just the under 21 employees they save on. So few employees ever collect, and those that do collect so little, that the Fund is very inexpensive to finance.
Scratch: Is it possible your credits for years before age 21 are as the result of a seperate Reciprocal Agreement between the UPS Pension Plan and your other plan? The UPS Pension Plan alone seems to say you have to be age 21.
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The most Pension Credit Years you can possibly earn is 35. So if someone began working at age 17 and worked part-time until the "Normal Retirement Age" of 65, they would have worked 48 brutal years, but 13 of them would be for nothing (at least as far as earning Pension Credits go.)
It seems you can collect as early as age 50 if you have ten years of Vesting Credit. The amount collected would be drastically reduced however.