The only way I see it is through ups's retirement calculator. This is for the central, which ups took over control of.hmm.. I asked around, looks like we dont get a paper telling us how many weeks we accrued around here but we do get the annual funding notice. i got that each year
Is there anywhere to look at my pension or how its doing? I know we have to reach a certain hours worked per year and all that for the year counted and i would like to keep tabs on it if possible
Go to upsers.com and in the search tab enter "total rewards portal" and follow the links. It's actually a pretty good web site. It shows your personal financial data.Is there anywhere to look at my pension or how its doing? I know we have to reach a certain hours worked per year and all that for the year counted and i would like to keep tabs on it if possible
You get confused on the DIAD?Nope. Nada. ^^^^^^ nothing came up. Never does.
You get confused on the DIAD?
Last i checked the pension is a set amount not dependent on what you pay in. There are sites where you can see your payout but the best p l ace would probably be your local union site.Go to upsers.com and in the search tab enter "total rewards portal" and follow the links. It's actually a pretty good web site. It shows your personal financial data.
I have been preaching this for years here. it's just good common sense not to have all your eggs in one basket. 401k, IRA , pension , social security , and cash savings.Pension is free money but not gaurenteed money it can be taken away at any time. Everyone should be contributing into a 401k which ups does offer a roth and create your own retirement. The extra 3000 a month you get from pension is just the topping on the cake like social security.
Since they make you start taking a minimum take that move it to mutual funds and watch it keep growingI have been preaching this for years here. it's just good common sense not to have all your eggs in one basket. 401k, IRA , pension , social security , and cash savings.
since i retired 3 years before SS , we lived on our pension quite easily since we paid off house beforehand. still have not touched the 401k or IRA ( watching them both grow ) and not touched cash savings either as of yet . ( thank God , no emergencies ).
starting SS next month which is pure gravy. we have no idea what to do with the 401k and IRA. we have lived below our means all our lives and it's hard to change now at this stage. we surely don't want to leave it all to the kids , hahaha
the main thing we focus on now is staying as healthy as possible to enjoy our retirement. hard to do as my spouse has had several strokes and has cancer but we do the best we can. keeping him comfortable as possible is the main goal.
It's not free, you pay for it with a lifetime of labor. Taking it away after you've already earned it is akin to theft, but that seems to be all the rage these days and so I agree that everyone should be maxing out their 401k.Pension is free money but not guaranteed money it can be taken away at any time. Everyone should be contributing into a 401k which ups does offer a roth and create your own retirement. The extra 3000 a month you get from pension is just the topping on the cake like social security.