Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
pernamently disabled
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="beentheredonethat" data-source="post: 1478024" data-attributes="member: 4886"><p>From what I understood when it came to retirement. When a person is working at UPS and has the minimum years in (I think 25) and is 55 years old (minimum age). THey can elect to get an "early" retirement plan. (Note: this is for grandfathered non union employees who were working prior to the shift to the defined contribution plan for retirement). However, if a person leaves UPS prior to age 55. (even age 54 and 364 days). Then retirement benefits are not eligible until 65 years of age (normal retirement). Besides not starting retirement until 65 you also lose 3% for every year you left UPS shy of 65. (So if you left when you were 45 years old, then you would lose 60% (20*3%) of the retirement you would have been eligible for. </p><p></p><p>As I reread your statement, I'm wondering. Are you saying the repetitive injuries is due to the job you were at (bank) or due to injuries that occurred while working at UPS and now 6 years later you want to collect on? You seem vague on this issue.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1478024, member: 4886"] From what I understood when it came to retirement. When a person is working at UPS and has the minimum years in (I think 25) and is 55 years old (minimum age). THey can elect to get an "early" retirement plan. (Note: this is for grandfathered non union employees who were working prior to the shift to the defined contribution plan for retirement). However, if a person leaves UPS prior to age 55. (even age 54 and 364 days). Then retirement benefits are not eligible until 65 years of age (normal retirement). Besides not starting retirement until 65 you also lose 3% for every year you left UPS shy of 65. (So if you left when you were 45 years old, then you would lose 60% (20*3%) of the retirement you would have been eligible for. As I reread your statement, I'm wondering. Are you saying the repetitive injuries is due to the job you were at (bank) or due to injuries that occurred while working at UPS and now 6 years later you want to collect on? You seem vague on this issue. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
pernamently disabled
Top