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UPS Discussions
Pension/Medical retirement ?
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<blockquote data-quote="WhatTheHell" data-source="post: 303431" data-attributes="member: 14259"><p>I was wondering how are part-time years and full-time credited in the Southern region? I currently have 18 PT years and just started FT. I've heard many different things so it's hard to figure out. </p><p> </p><p>One example would be if I stayed PT I could retire in 7, 12 or 17 years. But would have to wait till age 55 to get medical? I'm at age 40 now.</p><p> </p><p>Another is now that I'm full-time, only 9 years of my 18 pt are counted towards full-time benefits. So I would have to work another 16 years to get 25 & out, 21 years for 30 & out and so on. If this is correct...maybe I would be better off just staying at part-time?</p><p> </p><p>Or is it just total time with the company? With some formula to calculate PT and FT years.</p><p> </p><p>Hopefully some of you long time employees that have combined PT/FT years know any of this.</p><p> </p><p>Thanks in advance!</p></blockquote><p></p>
[QUOTE="WhatTheHell, post: 303431, member: 14259"] I was wondering how are part-time years and full-time credited in the Southern region? I currently have 18 PT years and just started FT. I've heard many different things so it's hard to figure out. One example would be if I stayed PT I could retire in 7, 12 or 17 years. But would have to wait till age 55 to get medical? I'm at age 40 now. Another is now that I'm full-time, only 9 years of my 18 pt are counted towards full-time benefits. So I would have to work another 16 years to get 25 & out, 21 years for 30 & out and so on. If this is correct...maybe I would be better off just staying at part-time? Or is it just total time with the company? With some formula to calculate PT and FT years. Hopefully some of you long time employees that have combined PT/FT years know any of this. Thanks in advance! [/QUOTE]
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