Over70irregs
Well-Known Member
Investing in RE?
question about pension contribution
- Thread starter born2Bwild
- Start date
I'm just saying like your hourly earnings go up a couple percent a year so should your pension contributions
If you're getting $5,000 a month in pension right now that doesn't sound bad
But what about a new employee 30 years down the line still getting $5,000 a month?
542thruNthru
Well-Known Member
no idea. I would need to know each years hourly contribution and accrual rate. They also can get contributions up to 2080 hours. Plus our part timers also get the pacific coast trust fund.
burrheadd
KING Of GIFS
Hey now we’re all brothers in thisIt's currently $538.40, because we shared our pensions with a bunch ofass PTer wages and UPS-IBT/NE pension funds.
burrheadd
KING Of GIFS
Too many orphans sucking it dry and not contributing anything
MyTripisCut
Never bought my own handtruck
From the greatest supplement in the land- Metro Philadelphia
For the duration of this agreement, the employer shall continue to contribute to the pension fund in the amount equal to the contribu- tion rate as of July 31, 2023 ($16.385). See Article 34 of the Na- tional Master Agreement.
Which comes out to
$655.40 per week,
$34,080.80 per year, with around 760 FTmers comes out to….
Almost 26 MILLION DOLLARS! Per year,
Which allowed our fund to not have to accept any of Biden’s bailout,
which allowed our fund to start increasing our multiplier,
which ultimately enables higher payouts moving forward for years of service.
For the duration of this agreement, the employer shall continue to contribute to the pension fund in the amount equal to the contribu- tion rate as of July 31, 2023 ($16.385). See Article 34 of the Na- tional Master Agreement.
Which comes out to
$655.40 per week,
$34,080.80 per year, with around 760 FTmers comes out to….
Almost 26 MILLION DOLLARS! Per year,
Which allowed our fund to not have to accept any of Biden’s bailout,
which allowed our fund to start increasing our multiplier,
which ultimately enables higher payouts moving forward for years of service.
Well many other funds got a bell rock so it will never have a higher payout unless something changes
MyTripisCut
Never bought my own handtruck
Yours may not. But yous don’t have nothing to do with mines.
Coldworld
60 months and counting
I like turtles???
Coldworld
60 months and counting
They still get contributions into the pacific coast fund????
Last edited:
Always second so pump my own gas
Coldworld
60 months and counting
Wally
BrownCafe Innovator & King of Puns
That number might be the total that includes medical. Insurance gets paid first, what's left goes towards the pension.
542thruNthru
Well-Known Member
Yep. You can have a really good retirement package at the end of your PT career here. 401k, pacific coast trust and WCTP.
It's not $528 per hour
Dear Lord
Let’s give them 7 dollars and schedule a few Saturdays to make sure they get their OT.
Just A UPS Guy
Bully.
I have no idea, but I know a 30 year driver who is at $5,400/mo in PEER 80.
542thruNthru
Well-Known Member
That's impossible. I was told by someone on here we make 8k a month!
Just A UPS Guy
Bully.
I'm trying not to let Sean fund out!
Just A UPS Guy
Bully.
It's crazy that people think our pension has grown for 30 years at the same rate it's growing today. Like every West member makes more in retirement than at work.
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