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Brown Cafe UPS Forum
UPS Retirement Topics
Peer 80 in the western conference pension
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<blockquote data-quote="Been In Brown Too Long" data-source="post: 5802387" data-attributes="member: 32249"><p>I retired WCT under PEER 80 at 49 as well (31yrs. of service). We were never in the UPS healthcare plan, and our local had it's own retiree medical plan. We had an hourly rate deduction since the 90's and it made retiree medical and dental cost free after retirement for you and your spouse. There was no age restriction, so I was covered immediately.</p><p></p><p>Your question is different. PEER 80 isn't a thing unless you make it to 80. Your coworker only has 75 of the required 80. PEER 80 is considered early retirement. If you leave, quit, etc...don't make it to the 80 requirement, he won't see any retirement benefits until he reaches full retirement age of 65.</p></blockquote><p></p>
[QUOTE="Been In Brown Too Long, post: 5802387, member: 32249"] I retired WCT under PEER 80 at 49 as well (31yrs. of service). We were never in the UPS healthcare plan, and our local had it's own retiree medical plan. We had an hourly rate deduction since the 90's and it made retiree medical and dental cost free after retirement for you and your spouse. There was no age restriction, so I was covered immediately. Your question is different. PEER 80 isn't a thing unless you make it to 80. Your coworker only has 75 of the required 80. PEER 80 is considered early retirement. If you leave, quit, etc...don't make it to the 80 requirement, he won't see any retirement benefits until he reaches full retirement age of 65. [/QUOTE]
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Peer 80 in the western conference pension
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