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Brown Cafe UPS Forum
UPS Retirement Topics
Partial Service Pension
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<blockquote data-quote="DELACROIX" data-source="post: 4594212" data-attributes="member: 49065"><p>Your formula about the P/T Pension of 1,950 is based on if you left under the current contract, but let us say you left the Part Timer position and went Full Time you will be starting anew under a whole new pension plan. We have to remember that there were some (not much) contractual increases with the Part Time Pension over the years, so if you left in l987 your part time years will be a certain percentage of what that plan was paying for a standard 30 year pension under that Article 34 contract language.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 4594212, member: 49065"] Your formula about the P/T Pension of 1,950 is based on if you left under the current contract, but let us say you left the Part Timer position and went Full Time you will be starting anew under a whole new pension plan. We have to remember that there were some (not much) contractual increases with the Part Time Pension over the years, so if you left in l987 your part time years will be a certain percentage of what that plan was paying for a standard 30 year pension under that Article 34 contract language. [/QUOTE]
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