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Home
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Brown Cafe UPS Forum
UPS Retirement Topics
Pension Offer is B $%#@
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<blockquote data-quote="35years" data-source="post: 2605707" data-attributes="member: 60822"><p>Well I think approximately 1 out of every 5 UPS teamsters in the US is covered by the UPS/IBT plan that replaced the central states plan.</p><p>This plan is over 100% funded, and even if central states goes completely under, UPS will cover the benefit.</p><p>Unless a retiring driver takes the Service pension option (30/35 and out), $4,000 would be on the low end.</p><p>Depends on how many years in the pension fund.</p></blockquote><p></p>
[QUOTE="35years, post: 2605707, member: 60822"] Well I think approximately 1 out of every 5 UPS teamsters in the US is covered by the UPS/IBT plan that replaced the central states plan. This plan is over 100% funded, and even if central states goes completely under, UPS will cover the benefit. Unless a retiring driver takes the Service pension option (30/35 and out), $4,000 would be on the low end. Depends on how many years in the pension fund. [/QUOTE]
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Pension Offer is B $%#@
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