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Brown Cafe UPS Forum
UPS Union Issues
Nys teamsters pension & retirement fund
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<blockquote data-quote="1989" data-source="post: 3080381" data-attributes="member: 10280"><p>I understand what you are saying, and I agree with what you are saying. But you can still have other retirement accounts. If ups matched a portion of your 401k (which I believe is the worst retirement account, due to its rules). You would be lucky to get 10k a year. </p><p></p><p>You need to match apples to apples. Base your numbers on the amount you think ups will give you. I think 10k is fair. </p><p></p><p>10k x 35 years = 350,000 in contributions. </p><p></p><p>A properly run pension 26 years = $60k a year. Currently a 14.3% ROI.</p></blockquote><p></p>
[QUOTE="1989, post: 3080381, member: 10280"] I understand what you are saying, and I agree with what you are saying. But you can still have other retirement accounts. If ups matched a portion of your 401k (which I believe is the worst retirement account, due to its rules). You would be lucky to get 10k a year. You need to match apples to apples. Base your numbers on the amount you think ups will give you. I think 10k is fair. 10k x 35 years = 350,000 in contributions. A properly run pension 26 years = $60k a year. Currently a 14.3% ROI. [/QUOTE]
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