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Pension question
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<blockquote data-quote="BigUnionGuy" data-source="post: 5567224" data-attributes="member: 4992"><p>Article 34</p><p></p><p>(i) UPS Part-time Pension Plan</p><p></p><p><em>(1) The UPS Pension Plan will be improved to provide monthly benefits for part-time employees not covered by Teamster Pension Plans as follows: The benefit formula in the UPS Pension Plan for current or future part-time employees who are participants will be increased effective August 1, 2004 to <u>fifty-five dollars ($55.00)</u> for each year of past and future Credited Service to a maximum of thirty-five (35) years of Credited Service.</em></p><p></p><p></p><p>Of course.... you are not going to collect anything until age 65 without the minimum age and years requirement.</p></blockquote><p></p>
[QUOTE="BigUnionGuy, post: 5567224, member: 4992"] Article 34 (i) UPS Part-time Pension Plan [I](1) The UPS Pension Plan will be improved to provide monthly benefits for part-time employees not covered by Teamster Pension Plans as follows: The benefit formula in the UPS Pension Plan for current or future part-time employees who are participants will be increased effective August 1, 2004 to [U]fifty-five dollars ($55.00)[/U] for each year of past and future Credited Service to a maximum of thirty-five (35) years of Credited Service.[/I] Of course.... you are not going to collect anything until age 65 without the minimum age and years requirement. [/QUOTE]
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