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Parttime retirement?
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<blockquote data-quote="JonFrum" data-source="post: 730852" data-attributes="member: 18044"><p>And for part-timers in New England who don't qualify under the "full-time" rules, there's also a part-time pension that pays half what a full-time pension would pay, and only requires 830 contribution hours to earn a full year's Pension Credit.</p><p> </p><p>Most plans require five years of Vesting (750 hours per year) to be eligible for a minimal pension at "Normal Retirement Age," which is age 64 in New England and 65 elsewhere.</p><p> </p><p>Part-timers in the Central States region are covered by The UPS Pension Plan which is described in Article 34, Section 1 (i) of the National Master.</p><p> </p><p>National Master:</p><p><a href="http://www.teamster.org/sites/teamsters.prometheuslabor.com/files/03%2006%2009%20Final%20UPS%20Master%20Agreemnt%202008-2013.pdf" target="_blank">http://www.teamster.org/sites/teamsters.prometheuslabor.com/files/03%2006%2009%20Final%20UPS%20Master%20Agreemnt%202008-2013.pdf</a></p><p> </p><p>Partial Supplements:</p><p><a href="http://tdu.org/node/1617" target="_blank">http://tdu.org/node/1617</a></p></blockquote><p></p>
[QUOTE="JonFrum, post: 730852, member: 18044"] And for part-timers in New England who don't qualify under the "full-time" rules, there's also a part-time pension that pays half what a full-time pension would pay, and only requires 830 contribution hours to earn a full year's Pension Credit. Most plans require five years of Vesting (750 hours per year) to be eligible for a minimal pension at "Normal Retirement Age," which is age 64 in New England and 65 elsewhere. Part-timers in the Central States region are covered by The UPS Pension Plan which is described in Article 34, Section 1 (i) of the National Master. National Master: [URL="http://www.teamster.org/sites/teamsters.prometheuslabor.com/files/03%2006%2009%20Final%20UPS%20Master%20Agreemnt%202008-2013.pdf"]http://www.teamster.org/sites/teamsters.prometheuslabor.com/files/03%2006%2009%20Final%20UPS%20Master%20Agreemnt%202008-2013.pdf[/URL] Partial Supplements: [URL]http://tdu.org/node/1617[/URL] [/QUOTE]
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