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Brown Cafe UPS Forum
UPS Retirement Topics
Part time employee pension
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<blockquote data-quote="DELACROIX" data-source="post: 5587798" data-attributes="member: 49065"><p>Make sure everything is in order and you totally understand what you are signing up for. Smart move is to stay till after the 2023 Contract is ratified, any changes in your future retiree's insurance benefits will be done at the end of the year. Team Care is doing well so you will be fine till Medicare A and B kicks in, expect to pay a little more for additional coverages when you and your wife are on Medicare. You have 4 more years to figure that out..</p><p></p><p>Congratulations on making it to 20 years...It would be interesting to see the statistics of the average part timer hired 20 or 35 years ago ever getting to that point. My opinion is that the part time pension benefits under the Central and Southern are miserable compared to other areas and getting worst with rising Inflation and lack of any COLA, Social Security does have a COLA if that helps any.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5587798, member: 49065"] Make sure everything is in order and you totally understand what you are signing up for. Smart move is to stay till after the 2023 Contract is ratified, any changes in your future retiree's insurance benefits will be done at the end of the year. Team Care is doing well so you will be fine till Medicare A and B kicks in, expect to pay a little more for additional coverages when you and your wife are on Medicare. You have 4 more years to figure that out.. Congratulations on making it to 20 years...It would be interesting to see the statistics of the average part timer hired 20 or 35 years ago ever getting to that point. My opinion is that the part time pension benefits under the Central and Southern are miserable compared to other areas and getting worst with rising Inflation and lack of any COLA, Social Security does have a COLA if that helps any. [/QUOTE]
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