Pension for new UPS freight union employees

Discussion in 'UPS Freight' started by Redline08, Aug 1, 2018.

  1. Redline08

    Redline08 New Member

    Hello, Im about to start working for UPS freight and will be unionized in 45 days. They told me I will not be getting a pension once I join and no chance in the future. Ive been looking around and do not see anything about not getting one or that they have stopped except for nonunion employees. Ive search the forum a little bit and just about every post about pensions there is someone saying it will never go away. So can anyone clarify this for me I would greatly appreciate it.
     
  2. You are in the wrong forum. Maybe @cheryl can move this thread for you.
     
  3. Future

    Future Victory Ride

    Loooord!
     
  4. It's not listed in the UPS freight forum. Just trying to help
     
  5. Yolo

    Yolo Active Member

    Pension fund will be dried up long before you get a chance to collect.
     
  6. Inthegame

    Inthegame Well-Known Member

    Do you have any idea what plan UPS Freight employees are under? I didn't think so.
     
  7. Redline08

    Redline08 New Member

    Thanks for the move I didn't even see the section for UPS Freight sorry. Well sucks for me then. Sounds like I'll be working next to employees with a good or at least better retirement where I'll get 401k that I can pretty much get at any ordinary non-union job.
     
  8. sppollock

    sppollock Active Member

    We in the freight division have a pension, its $105../month per years of service. The new contract up's it to 110 a month for the first 2 years and 115 a month after that.
     
  9. Crumudgeon

    Crumudgeon POW-MIA.. never forget...

    Another reason to vote, NO, NO, NO
     
  10. Indecisi0n

    Indecisi0n Well-Known Member

    Moved
     
  11. burrheadd

    burrheadd KING Of GIFS

    The jugs up bro

    You’ve been replaced
     
  12. Indecisi0n

    Indecisi0n Well-Known Member

    @cheryl is always showing off with the use of her powers. At least I never flaunt the fact that I'm a mod and quietly do my mod duties.
     
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  13. Maplewood

    Maplewood Active Member

    As long as you aren't in the Central States Pension Fund you should be fine.
     
  14. DELACROIX

    DELACROIX In the Spirit of Honore' Daumier

    Are you guys and gals under the "UPS Pension Fund" a company controlled defined benefit plan...and does it at any time gets capped at 35 years?
     
  15. sppollock

    sppollock Active Member

    Yes we are in the UPS Pension Fund and there is no longer a cap on the years of service. That was taken out at ratification of the 2013 contract.