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Brown Cafe UPS Forum
UPS Retirement Topics
Part time retirement
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<blockquote data-quote="PT Stewie" data-source="post: 4839982" data-attributes="member: 12889"><p>You will get it right away . The pt pension is administered by UPS. Congrats btw .I started late an only did 23 and retired last year @ 65 . The direct deposit is there without fail the first of the month . Also they give you I believe 4 options: single life annuity the whole amount with no survivor benefit, a little bit less with a 10 year guarantee to a survivor ( you still get the money after 10 but no survivor, and a couple of options retiree/spouse benefit of course less money because its an annuity paid to 2 lifetimes.</p></blockquote><p></p>
[QUOTE="PT Stewie, post: 4839982, member: 12889"] You will get it right away . The pt pension is administered by UPS. Congrats btw .I started late an only did 23 and retired last year @ 65 . The direct deposit is there without fail the first of the month . Also they give you I believe 4 options: single life annuity the whole amount with no survivor benefit, a little bit less with a 10 year guarantee to a survivor ( you still get the money after 10 but no survivor, and a couple of options retiree/spouse benefit of course less money because its an annuity paid to 2 lifetimes. [/QUOTE]
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