Pension Increase

Discussion in 'UPS Discussions' started by AznDiablo, Jun 13, 2013.

  1. AznDiablo

    AznDiablo Senior Member

    If this contract passes do you think that people will retire in record numbers after January since the pension is going to increase?
  2. quamba 638

    quamba 638 Member

    Pretty sure the increase starts January 1, 2014, and doesn't apply for the previous years worked.
  3. Inthegame

    Inthegame Well-Known Member

    The "service pensions" 30/35 years are going up Jan 1. Other rates are future accruals which applies as you stated.
    I believe retirements will increase as many have been waiting or in some cases, recovering.
  4. Monkey Butt

    Monkey Butt Obscured by Mirrors Staff Member

    Everyone should vote YES on the contract so we can find out. :wink2:
  5. Jackburton

    Jackburton Gone Fish'n

    If a couple hundred bucks a month is a deal breaker between retiring now and 2 years from now, I'd say they probably need to stay regardless of increases.