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Brown Cafe UPS Forum
UPS Retirement Topics
Part time retirement
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<blockquote data-quote="DELACROIX" data-source="post: 4840604" data-attributes="member: 49065"><p>Stupid talk...The Union was been negotiating the Part timers pension benefits since the early 70’s. It is clearly stated in the contract, the Devil is in the details, for example cost of carrying Health and Welfare Benefits which can be changed with every contract would be the biggest obstacle.</p><p></p><p>So if you retire under the UPS Pension Plan before age 65 be prepared for a possible increase of costs associated with your medical coverage which now stands at roughly 1,500 at month under Cobra. Right now it is 200 per individual or 400 a couple, subject to change.</p><p></p><p>I just remembered that you may have to be a certain age to be able to carry over your Health and Welfare plan when you retire, I believe that it is age 55.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 4840604, member: 49065"] Stupid talk...The Union was been negotiating the Part timers pension benefits since the early 70’s. It is clearly stated in the contract, the Devil is in the details, for example cost of carrying Health and Welfare Benefits which can be changed with every contract would be the biggest obstacle. So if you retire under the UPS Pension Plan before age 65 be prepared for a possible increase of costs associated with your medical coverage which now stands at roughly 1,500 at month under Cobra. Right now it is 200 per individual or 400 a couple, subject to change. I just remembered that you may have to be a certain age to be able to carry over your Health and Welfare plan when you retire, I believe that it is age 55. [/QUOTE]
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