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Part time pension information
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<blockquote data-quote="laborer" data-source="post: 78137" data-attributes="member: 1086"><p>The way our Reciprocal Agreement has been explained by the local is that your years will be combined to get your total years of service. An example would be, 10 yrs part time and 20 yrs full time would add up to a 30 yr pension. UPS would pay 1/3 of a 30 yr PT pension and Central States would pay 2/3 of a 30 yr FT pension. </p><p></p><p>I found the following addresses to check on your pension at Teamster.net.</p><p></p><p>CS: </p><p>James G. Harmon </p><p>Pension Processing Dept. </p><p>9377 W Higgins Rd. </p><p>Rosemont, IL 60018-4938 </p><p></p><p>UPS: </p><p>Carla McDonald </p><p>Pension Plan </p><p>Glenlake Parkway, NE </p><p>Atlanta, GA 30328 </p><p>(404) 828-4036 </p><p></p><p>Here's a sample letter our local gave us to send to inquire about our pension plans: </p><p></p><p>To whom it may concern, </p><p>I am a participant in this pension plan. Please inform me of what accrued benefit I am entitled to as of present, including any partial pension benefit owed under the reciprocity agreement between Central States and the UPS pension plan. </p><p>Also, please provide me with an explanation of how the partial or combined pension benefit is determined under the reciprocity agreement.</p></blockquote><p></p>
[QUOTE="laborer, post: 78137, member: 1086"] The way our Reciprocal Agreement has been explained by the local is that your years will be combined to get your total years of service. An example would be, 10 yrs part time and 20 yrs full time would add up to a 30 yr pension. UPS would pay 1/3 of a 30 yr PT pension and Central States would pay 2/3 of a 30 yr FT pension. I found the following addresses to check on your pension at Teamster.net. CS: James G. Harmon Pension Processing Dept. 9377 W Higgins Rd. Rosemont, IL 60018-4938 UPS: Carla McDonald Pension Plan Glenlake Parkway, NE Atlanta, GA 30328 (404) 828-4036 Here's a sample letter our local gave us to send to inquire about our pension plans: To whom it may concern, I am a participant in this pension plan. Please inform me of what accrued benefit I am entitled to as of present, including any partial pension benefit owed under the reciprocity agreement between Central States and the UPS pension plan. Also, please provide me with an explanation of how the partial or combined pension benefit is determined under the reciprocity agreement. [/QUOTE]
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