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Question about becoming a driver after reading article from Yahoo.
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<blockquote data-quote="NHDRVR" data-source="post: 720118" data-attributes="member: 10327"><p>I am aware of about 10 drivers in a few of our centers that can retire now. They still hang around because they want to make sure they are financially stable before they walk out the door. Now, I always believed that it was as simple as doing your 30, being of age, and then filing paperwork with the union to get your retirement started but in talking to these guys that have one foot out the door, and as I get a bit closer myself, I understand that there are too many other things involved. I remember one guy who, now retired, stayed around a few extra years to pay for his sons college education. Another guy put in a few extra to pad his 401k. </p><p>Shortly there is going to be a 5 year window when a handful of drivers from each center will, if they choose, be ready to retire but I don't think there will be a massive drop off to justify 25,000 new hires to fill the gap. Additionally, I can easily see people hanging around, taking their 6/7 weeks a year, using the cover drivers for more time off, but working just enough (on their cushy runs) to keep up their benefits and throw that little bit extra into the savings account. The current seniority leader in our state, NH, was hired in 1973. I was born in 70' and started with UPS at 20 years of age. It will not be as easy as putting in your 30 any more because of the increasing pension age to collect, the economy, and the myriad of personal reasons that many of have. </p><p>I am depressed now...</p></blockquote><p></p>
[QUOTE="NHDRVR, post: 720118, member: 10327"] I am aware of about 10 drivers in a few of our centers that can retire now. They still hang around because they want to make sure they are financially stable before they walk out the door. Now, I always believed that it was as simple as doing your 30, being of age, and then filing paperwork with the union to get your retirement started but in talking to these guys that have one foot out the door, and as I get a bit closer myself, I understand that there are too many other things involved. I remember one guy who, now retired, stayed around a few extra years to pay for his sons college education. Another guy put in a few extra to pad his 401k. Shortly there is going to be a 5 year window when a handful of drivers from each center will, if they choose, be ready to retire but I don't think there will be a massive drop off to justify 25,000 new hires to fill the gap. Additionally, I can easily see people hanging around, taking their 6/7 weeks a year, using the cover drivers for more time off, but working just enough (on their cushy runs) to keep up their benefits and throw that little bit extra into the savings account. The current seniority leader in our state, NH, was hired in 1973. I was born in 70' and started with UPS at 20 years of age. It will not be as easy as putting in your 30 any more because of the increasing pension age to collect, the economy, and the myriad of personal reasons that many of have. I am depressed now... [/QUOTE]
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