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UPS Partners
Q4-2019 / MIP Status Update
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<blockquote data-quote="Bamboozled" data-source="post: 4370634" data-attributes="member: 46335"><p>In addition to it being documented in the plan as the 5 best CONSECUTIVE of the last 10, you can run a Single retirement calculation, and then select the Calculations Detail, you can open and download the PDF. It will show you the detail that seems to support that in the calculation. </p><p></p><p>You also have to remember we have a Guaranteed Defined benefit which they are ending. If they were re-writing it, they would have to resubmit to the Gov't and the changes would not change the formula prior to the change date which would make things pretty difficult to sort out.</p><p></p><p>Let us know if you find anything to the contrary. It was probably just uneducated person running their mouth because they are in a position of power not knowledge.</p></blockquote><p></p>
[QUOTE="Bamboozled, post: 4370634, member: 46335"] In addition to it being documented in the plan as the 5 best CONSECUTIVE of the last 10, you can run a Single retirement calculation, and then select the Calculations Detail, you can open and download the PDF. It will show you the detail that seems to support that in the calculation. You also have to remember we have a Guaranteed Defined benefit which they are ending. If they were re-writing it, they would have to resubmit to the Gov't and the changes would not change the formula prior to the change date which would make things pretty difficult to sort out. Let us know if you find anything to the contrary. It was probably just uneducated person running their mouth because they are in a position of power not knowledge. [/QUOTE]
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