Retired under ups then converts to central states

[hipec]

Does anyone know if central states gets defunded will ups pay pension

 

[rod]

Does anyone know if central states gets defunded will ups pay pension

Not if you retired before 2008

 

[hipec]

Retired 2015

 

[oldngray]

Retired 2015

Then you are covered.

Unless it changes in a future contract.

 

[PASinterference]

Retired 2015

I wouldn't go buy a Corvette just yet.

 

[rod]

I wouldn't go buy a Corvette just yet.

true -true (Corvettes are a waste of money anyway)

 

[PASinterference]

true -true (Corvettes are a waste of money anyway)

Unless you get a split window.

 

[oldngray]

true -true (Corvettes are a waste of money anyway)

They can be fun. Buy a used one, play around with it for a while, then sell it for what you paid for it. No way I would waste the money on a new one.

 

[burrheadd]

Retired 2015

So, you’ve been retired since 2015 and you are just now wondering about this?

party on

 

[hipec]

Keep getting automated calls from central states, plus who knows what will be left

 

[Over70irregs]

Stay frugal

 

[oldngray]

Keep getting automated calls from central states, plus who knows what will be left

Central States pretty much has no clue about details involving UPS pensions. They should but I guarantee you shouldn't be relying on them for information.

 

[Maple Grove MN Driver]

Not if you retired before 2008

So no pension for you?

 

[rod]

So no pension for you?

If you retired before 2008 your pension will be cut by about 2/3rds. I will go from 3k a month down to 1.2k. The $1,200 monthly money is a Government program that apparently isn't in the best shape so no guarantees on how long that is good for. I've talked a lot with my financial guru and he says we will be fine with the life style we live. For those old coots who REALLY count on their pension to live it will be a kick in the face. We are basically being sent out to pasture to die by the Teamster Union. Thank you Local 638

 

[oldngray]

If you retired before 2008 your pension will be cut by about 2/3rds. I will go from 3k a month down to 1.2k. The $1,200 monthly money is a Government program that apparently isn't in the best shape so no guarantees on how long that is good for. I've talked a lot with my financial guru and he says we will be fine with the life style we live. For those old coots who REALLY count on their pension to live it will be a kick in the face. We are basically being sent out to pasture to die by the Teamster Union. Thank you Local 638

You don't vote or pay dues.

Why should they care?

 

[rod]

You don't vote or pay dues.

Why should they care?

I've said that all along. Once you retire you are to them. Everyone is -- not just those of us who retired before 2008. The sooner you die the better they like it.

 

[542thruNthru]

If you retired before 2008 your pension will be cut by about 2/3rds. I will go from 3k a month down to 1.2k. The $1,200 monthly money is a Government program that apparently isn't in the best shape so no guarantees on how long that is good for. I've talked a lot with my financial guru and he says we will be fine with the life style we live. For those old coots who REALLY count on their pension to live it will be a kick in the face. We are basically being sent out to pasture to die by the Teamster Union. Thank you Local 638

It's about damn time you got the hint!

 

[rod]

It's about damn time you got the hint!

Oh I've know it for years --- it's you younger guys who drink all the Teamster kool-aid.

 

[542thruNthru]

Oh I've know it for years --- it's you younger guys who drink all the Teamster kool-aid.

Naw, I know my pension is screwed because of you central state leeches.

 

[rod]

Naw, I know my pension is screwed because of you central state leeches.

sucks to be you