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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement from local 396
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<blockquote data-quote="MojaveJim" data-source="post: 3748384" data-attributes="member: 62275"><p>I retired from Local 63 (So Cal) about two years ago and this is the first information I've gotten regarding the $500k lifetime cap. With a life threatening illness and only 60 yrs old the cap has put some serious anxiety into our future plans. The only reason it existed was due to a giant loophole in the ACA for retirees. Of course UPS/Teamsters took full advantage since we can't vote. Will be keeping a close eye on the upcoming vote. I'm not suggesting to vote one way or another, I'm just saying!</p></blockquote><p></p>
[QUOTE="MojaveJim, post: 3748384, member: 62275"] I retired from Local 63 (So Cal) about two years ago and this is the first information I've gotten regarding the $500k lifetime cap. With a life threatening illness and only 60 yrs old the cap has put some serious anxiety into our future plans. The only reason it existed was due to a giant loophole in the ACA for retirees. Of course UPS/Teamsters took full advantage since we can't vote. Will be keeping a close eye on the upcoming vote. I'm not suggesting to vote one way or another, I'm just saying! [/QUOTE]
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