Can anyone decipher this post?Did your guys get a statement that has a bunch of multi year add one totally out of normal contributions? WTF? Can anybody explain the weirdness?
Can anyone decipher this post?
The only good thing about being part time for so long. I have about 21k in mine.Pacific coast benefits trust is a side "pension" for PT on the west coast. Once you go FT UPS stops putting contributions into it.
@TheDick I haven't looked at mine yet so don't know what you're talking about. Can you explain a little clearer?
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Can you withdraw it once your fulltime?Pacific coast benefits trust is a side "pension" for PT on the west coast. Once you go FT UPS stops putting contributions into it.
That's lame. I just got mine and I was wondering y it hasn't really gone up since last timeNope. Sits there till you leave UPS.
Yes, I got the same thing. I've been retired for 1 1/2 years now so there have been no recent contributions. I received my latest statement and it shows contributions and deductions for random months in 2014-2015...WTF?!?Did your guys get a statement that has a bunch of multi year add one totally out of normal contributions? WTF? Can anybody explain the weirdness?
That's weird...mine had zero contributions since I'm retired, and my account earned $1057 since the previous statement.That's lame. I just got mine and I was wondering y it hasn't really gone up since last time
Our rider has the language saying they contribute for everyone. I've been full time for a while now and they contribute into mine.Pacific coast benefits trust is a side "pension" for PT on the west coast. Once you go FT UPS stops putting contributions into it.
@TheDick I haven't looked at mine yet so don't know what you're talking about. Can you explain a little clearer?
That's weird...mine had zero contributions since I'm retired, and my account earned $1057 since the previous statement.
You cannot touch it until you no longer work at UPS. You also have to adhere to the same rules as your 401k. 59 1/2 before you can touch without penalty unless you roll it into another qualified plan.
Our rider has the language saying they contribute for everyone. I've been full time for a while now and they contribute into mine.
Them part timers get everytingThank you for that information. I did not realize that.
Also on behalf of all of us. Thank you for keeping that trust funded.
Seriously I can't wait to tell people that this trust fund is being supported!
When you think about it PT makes a really good pension (including PCBT). I believe about 3k after taxes and what ever they get from the PCBT on top of that. Makes @rod look like a poor man.
Them part timers get everyting
When real Teamsters like we have in the west support them....
YES...yes they do.
I thought it was 98%+?It sure is when your pension is funded 92% and you have a trust fund on top of it.
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