Pension Questions-Western Region

Discussion in 'UPS Discussions' started by I GOT ONE MORE, Oct 7, 2018.

  1. Planning my departure from UPS and getting information from multiple sources. Can't hurt to ask here too.

    I know I must choose one of 12 dates to be my pension effective date......any 1st of the month.

    Many choose to follow this date with whatever vacation time still left on the books, thus receiving their 1st pension check followed by weeks of vacation pay.

    What if I selected Dec 1 as my date followed by 6 weeks of vacation pay, wouldn't I still be considered on the books and benefit from UPS holiday pay over Xmas and New Year?

    If not, it's still uplifting to wave bye-bye just before peak !!!
     
  2. BakerMayfield2018

    BakerMayfield2018 God is Great, beer is good , People are crazy.

    Normally December is blacked out for vacations.
     
  3. OK, thanks captain obvious.
    How about......is it blacked out for retirement too ?
     
  4. I know every sypplesypplesupp is different but hear you would get paid off for your vacation time.
     
  5. barnyard

    barnyard KTM rider Staff Member

    Here, your vacation would have to end on Thanksgiving week. We had a guy last year that wanted to do that very thing. He ended up working his last day in October.
     
  6. 1989

    1989 Well-Known Member

    I believe your retirement would be Dec 1. And They would just cash out your vaca.
     
  7. IESucks

    IESucks Active Member

    All vacation pay must be taken before retirement date.
     
  8. browndevil

    browndevil Well-Known Member

    Just need to make sure you don't work or are compensated, a day in a month you plan on collecting your first pension check.
     
  9. Ok, could be......this is something I need to ask recent retirees. Fellow workers have retired, yet stayed on the books while their vacations were exhausted. You imply their pension effective date (PED) was then after all vacation time was utilized.

    For example, homeboy has 8 weeks of accrued PTO and leaves the company on Jan 1.......his PED was therefore Mar 1 ?
     
  10. From what I understand, you should retire immediately PRIOR to the 1st of a month. That way you only miss a day or two before pension income kicks in on the 1st. If you retire, say on the 2nd or 3rd of any month, you will wait until the 1st of the next month to start collecting.

    However, your response sings the same tune as IESucks, that all PTO must be resolved before receiving pension benefits.
     
  11. Maplewood

    Maplewood Active Member

    Hopefully you are not a brown nose and give up your route in writing so the management has to immediately bid it instead of :censored2:ting on it for 6 more weeks till you're off the books.
     
  12. Coldworld

    Coldworld Ringleader of this sht show...

    You are fretting about 2 extra paid days??? I would just gtfo after the 6 weeks vacation and wouldn’t look back... you are in the west you will be enjoying a great pension that many in other plans would die to have
     
  13. IESucks

    IESucks Active Member

    It's up to you to know and plan accordingly. However anything you don't use will be given to you in a live check instead of direct deposit
     
  14. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Well then it would make sense you wouldn't be able take vacation in December. Retiring after or not makes no difference.
     
  15. I could care way more about that if I did not care less.......please troll yourself.
     
  16. It's not the extra days as much as it is leaving during peak, but you have an excellent point.
     
  17. All right, got that. That's likely how it will play out. I'll update if I learn more. And you are right, it is up to me !!
     
  18. Coldworld

    Coldworld Ringleader of this sht show...

    I agree ... who want to do another peak here...lmao
     
  19. soberups

    soberups Pees in the brown Koolaid

    They owe you for all accrued vacation time, regardless of when you take it. So yes, you can retire on December 1st and you will technically still be on the payroll until your time is used up.
     
  20. IESucks

    IESucks Active Member

    Been there done that. Didn't even know I had a check coming. Happened to look on upsers.com and saw I had a 4000 check waiting at ups. No need to update me..lol. I already know how it works