LVD*4*LIFE
Well-Known Member
I started PT when I was 18. I thought I read in the contract you don't get credit towards your pension until you are 21. Am I making this up?
Yes i believe thats right and until a contract or two ago it was 25 i think.I started PT when I was 18. I thought I read in the contract you don't get credit towards your pension until you are 21. Am I making this up?
Yes i believe thats right and until a contract or two ago it was 25 i think.
It depends. If your part time service was years ago, and you stayed on, then yes, it counts. I have 5 such years, and could have counted them toward my retirement as half a full time year.
I chose instead to recieve the retirement from UPS as well as my retirement from the teamsters. Well technically, if you only have one path to choose from......
One of the reasons for the change was that so many part timers would not go full time and many would quit after 5-10 years part time.
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Scratch, have you checked out the new UPS/IBT pension website? It's my understand there's a link somewhere on UPSers.com.My last statement for my PT Pension said that I would get it "at normal retirement age", which I believe is 65. Its great being in three different pension plans while working for the same company.
Contract Article 34, Section 1 (i) describes THE UPS PENSION PLAN, which is the plan for part-timers in the Central States area. (Other part-timers are in other plans with different rules.)I started PT when I was 18. I thought I read in the contract you don't get credit towards your pension until you are 21. Am I making this up?
Contract Article 34, Section 1 (i) describes THE UPS PENSION PLAN, which is the plan for part-timers in the Central States area. (Other part-timers are in other plans with different rules.)
ARTICLE 34. HEALTH & WELFARE AND PENSION
Section 1. Health & Welfare and Pension Provisions
(i) UPS Part-time Pension Plan
(5) Effective August 1, 2002, the Employer will grant additional years of Credited Service in accordance with the terms of the Plan to all full-time and part-time employees on the payroll on August 1, 2002, who worked for UPS after they were twenty-one (21) but were denied Credited Service solely because the UPS Pension Plan required that an employee be age twenty-five (25) or older to participate in the UPS Pension Plan.
The Local and the Company wouldn't necessarily know what his pension would be. They don't run the Fund. They are not authorized to speak. Only the Fund itself can speak with authority.May 3rd will be the last day for our number one PT, he hit year 40 last nov.
Even he can't get a straight answer from anyone ( teamsters and company ) on what his pension will be.
In Mass. we use the hours system; work 1800 hrs in a year gets you a full year pension credit; this applies to PT & FT.