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Brown Cafe UPS Forum
UPS Retirement Topics
Question: Can you retire from UPS after less than 10 years??
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<blockquote data-quote="dragracer66" data-source="post: 285513" data-attributes="member: 5175"><p>"Most of the unions involved with UPS require a 5 year vest (which means you have to be employed for 5 years). In most cases you can start collecting at age 62 at a reduced rate or age 65 for no penalty. Also if you are partimer you would be only getting a company pension which in my area is $55 a year for every year of service. So yes you will get a pension at 62 with 10 years of service. And yes you can work another job while collecting a pension as long it's not the same union (like any teamster job). If it's a company held pension you will get it doesn't matter where you work. Hope this was helpfull!!!</p></blockquote><p></p>
[QUOTE="dragracer66, post: 285513, member: 5175"] "Most of the unions involved with UPS require a 5 year vest (which means you have to be employed for 5 years). In most cases you can start collecting at age 62 at a reduced rate or age 65 for no penalty. Also if you are partimer you would be only getting a company pension which in my area is $55 a year for every year of service. So yes you will get a pension at 62 with 10 years of service. And yes you can work another job while collecting a pension as long it's not the same union (like any teamster job). If it's a company held pension you will get it doesn't matter where you work. Hope this was helpfull!!! [/QUOTE]
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Question: Can you retire from UPS after less than 10 years??
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