Pension Years

Discussion in 'UPS Retirement Topics' started by OrionsBitch, Nov 2, 2018.

  1. OrionsBitch

    OrionsBitch Not...

    Does the pension count years based on 1800 hours of service? Or does it count based on 1800 hours within a given year?

    I have enough total hours to give me 5.4 years of service.

    But I've only been a driver for 4.5 years by the calander.
     
  2. You usually need at least 1800 hours to get a full years pension credit. If you get more than that it doesn't matter.
     
  3. OrionsBitch

    OrionsBitch Not...

    So the hours don't carry over? It resets year by year?
     
  4. No they don't carry over. Sorry brother.
     
  5. OrionsBitch

    OrionsBitch Not...

    Actually just got off the phone with the pension fund and they said I am vested with 5 years. Hmm lol
     
  6. Maybe they gave you full credit for you first partial year?
     
  7. Jkloc420

    Jkloc420 Well-Known Member

    mine do
     
  8. Do what?
     
  9. Jkloc420

    Jkloc420 Well-Known Member

    they carry over with my body
     
  10. OrionsBitch

    OrionsBitch Not...

    I think they counted a peak season I worked seasonally.
     
  11. brownelf

    brownelf Active Member

    Look on the bright side, you've got 25yrs to figure it out.
     
  12. rod

    rod #1 on Upstates "list"

    Don't you get a print-out every year telling you how many years you have vested? We always did. Getting that one that says "30 years" is a special day.
     
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  13. old levi's

    old levi's I used to care... but things have changed

    That's great if you started at 18 with no PT years.
     
  14. Benben

    Benben Working on a new degree, Masters in BS Detecting!

    1 of two things has occured:

    1. You hit the 1800 hours in that .5 year (probably closer to .7 of a year with 2 of those months being peak)

    2. I know it hard to fathom but you *might* have been lied to by the pension folks. We all know they are 100% accurate, 100% of the time. Especially to someone who, is at the very least, 15 years away from being their problem!
     
  15. Brownslave688

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

    Not really. Or not here.


    Gotta be 57 to keep insurance in retirement here. So I'll have 35 full time years in before I can retire.
     
  16. rod

    rod #1 on Upstates "list"


    Is that everywhere now? It was always if you had 30 years in you were good to go at any age. Same as with 25 and out --which I heard many say they were going to do but none ever did. I was 53
     
  17. Been In Brown Too Long

    Been In Brown Too Long Ex-Package Donkey

    No, it's not the same everywhere. I just got out at 49, 31 years in, and have full medical for me and spouse, no cost. I know that's rare, but it does exist. We don't have 25 and out, or out at 30 years any age, we have PEER 80 only.
     
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  18. TheBrownFlush

    TheBrownFlush Well-Known Member

    It certainly aPEERs you got the best deal.
     
  19. old levi's

    old levi's I used to care... but things have changed

    I got out at Peer 96

    sadly
     
  20. rod

    rod #1 on Upstates "list"

    Full medical at no cost is unheard of. Enjoy it while it lasts.