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UPS Partners
Q2-2019 MIP Status Update
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<blockquote data-quote="104Feeder" data-source="post: 4178075" data-attributes="member: 42554"><p>Someone hitting PEER 80 now with 5 more years worked at the last contract's contribution rates should see a pension of $72,000-75,000/yr by my calculations depending on how many part time years worked and assuming full hours credited each year. People going out now with 30-32 years of service are reporting $60,000/yr with less than 5 years part time, ages 49-52. WCTPF. Wouldn't have to make much to get you back into 6 figures or just have at least $1m in a 401k etc to draw 4% from. Our healthcare is $300/mo for retirees with essentially the same coverage and post 65.</p></blockquote><p></p>
[QUOTE="104Feeder, post: 4178075, member: 42554"] Someone hitting PEER 80 now with 5 more years worked at the last contract's contribution rates should see a pension of $72,000-75,000/yr by my calculations depending on how many part time years worked and assuming full hours credited each year. People going out now with 30-32 years of service are reporting $60,000/yr with less than 5 years part time, ages 49-52. WCTPF. Wouldn't have to make much to get you back into 6 figures or just have at least $1m in a 401k etc to draw 4% from. Our healthcare is $300/mo for retirees with essentially the same coverage and post 65. [/QUOTE]
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