Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
overworked husband
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="beentheredonethat" data-source="post: 985771" data-attributes="member: 4886"><p>I'm not an expert on the mgmt pension yet. (I still have about 9 years to go to get to 55). But if you leave early, you take a big hit on your pension, and you can't start withdrawing until 65. (NOT 55). From what I recall the penalty was 3% for every year. So for example.. If you left at 54. You have to wait for another 11 years before you can start to withdraw and the amount you would get is 33% less then what you would have at 55. Plus factor in the inflation impact of the money too.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 985771, member: 4886"] I'm not an expert on the mgmt pension yet. (I still have about 9 years to go to get to 55). But if you leave early, you take a big hit on your pension, and you can't start withdrawing until 65. (NOT 55). From what I recall the penalty was 3% for every year. So for example.. If you left at 54. You have to wait for another 11 years before you can start to withdraw and the amount you would get is 33% less then what you would have at 55. Plus factor in the inflation impact of the money too. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
overworked husband
Top