Retirement calculator

GOODWIN

Member
I called last week. They said it takes a couple of months. I really wish it was updated. I’m retiring next year and need to figure out my best option. We have to post vacations soon and my retirement date is still a question mark. The bump in the pension for central states doesn’t go into effect until January 1 2024. Hopefully it gets updated soon.
 

Wally

BrownCafe Innovator & King of Puns
I called last week. They said it takes a couple of months. I really wish it was updated. I’m retiring next year and need to figure out my best option. We have to post vacations soon and my retirement date is still a question mark. The bump in the pension for central states doesn’t go into effect until January 1 2024. Hopefully it gets updated soon.
Those welfare checks will be rolling in month after month!
 

hardcharger

Well-Known Member
I called last week. They said it takes a couple of months. I really wish it was updated. I’m retiring next year and need to figure out my best option. We have to post vacations soon and my retirement date is still a question mark. The bump in the pension for central states doesn’t go into effect until January 1 2024. Hopefully it gets updated soon.
I was planing on retiring next month also under the old pension amounts. But now that I see that they raised it m thinking I have to stay a couple more years. I have 30 years total. 28 FT and 2 PT. I'll be 55 next April. So you know if it has to be 30 Ft years and 55 or older ?? Or just 30 years total ?
 

GOODWIN

Member
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Wally

BrownCafe Innovator & King of Puns
Some folk are very, very confused about where and/or from whom the Central Fund "won" these "massive" pension increases. It's not from UPS, it's from other taxpayers and from other Teamsters.

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Wally

BrownCafe Innovator & King of Puns
I’m curious if this was to get UPS off the hook for any CS shortages? I know they got a bailout but I don’t put much faith in my government.
I just wondering if membership in the Central really think they won massive pension increases from the company?
 

Thebrownblob

Well-Known Member
No telling how long before they piss through that. I know they said until such and such year I just don’t hold much faith in CS.
2050 something. I don’t see them pissing through it. There’s a lot less participants, but there’s also a lot less people drawing from it and it only goes down every year. 25 years from now I may not even be around.☠️
 

Johney

Well-Known Member
2050 something. I don’t see them pissing through it. There’s a lot less participants, but there’s also a lot less people drawing from it and it only goes down every year. 25 years from now I may not even be around.☠️
Maybe, I just know I start collecting from them in 7 years and I know a lot of other guys who will be collecting from them sooner.
 
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