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Brown Cafe UPS Forum
UPS Retirement Topics
retiree medical coverage going up
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<blockquote data-quote="rocking chair guy" data-source="post: 252080"><p>UPS 79 ....on the Iowa / Nebraska border ....I actually draw pension from Local 710 out of Chicago and also Central states ....think they broke it down to 1 1/2 years that 710 was responsible for and 29 1/2 that Central States pays ....got $3100 a month but wife insisited on the survivor benefit being taken out , over my objections but after 37 years of marriage I have learned not to argue to much , Ha , that was $465 off the top , and then my federal taxes are taken out , I have to pay the state taxes myself , so I end up with around $2300 a month clear so with all the increases in the insurance premiums you can see where paying $550 a month for them hurts , I am lucky the wife makes a decent wage . Most of the guys I retired with have ended up going back to work part time somewhere to make ends meet ....those of you planning to retire make sure you have all your ducks in a row financially before you go ....I thought I did but was I ever suprised ...never expected this kind of increase in insurance premiums ....it was like the rules were changed on me near the end of the 4th quarter ! LOL</p></blockquote><p></p>
[QUOTE="rocking chair guy, post: 252080"] UPS 79 ....on the Iowa / Nebraska border ....I actually draw pension from Local 710 out of Chicago and also Central states ....think they broke it down to 1 1/2 years that 710 was responsible for and 29 1/2 that Central States pays ....got $3100 a month but wife insisited on the survivor benefit being taken out , over my objections but after 37 years of marriage I have learned not to argue to much , Ha , that was $465 off the top , and then my federal taxes are taken out , I have to pay the state taxes myself , so I end up with around $2300 a month clear so with all the increases in the insurance premiums you can see where paying $550 a month for them hurts , I am lucky the wife makes a decent wage . Most of the guys I retired with have ended up going back to work part time somewhere to make ends meet ....those of you planning to retire make sure you have all your ducks in a row financially before you go ....I thought I did but was I ever suprised ...never expected this kind of increase in insurance premiums ....it was like the rules were changed on me near the end of the 4th quarter ! LOL [/QUOTE]
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retiree medical coverage going up
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