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Retirement - Part-time yrs. + Full-time yrs < What U Think (UPS/IBT Plan)
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<blockquote data-quote="saintrick" data-source="post: 1115923" data-attributes="member: 29276"><p>The way I understand it you can still take the partial service pension at any age and not suffer a reduction.</p><p></p><p>example for 25 years 20 part time and 5 full time</p><p></p><p>1125 for any age 25 years (20/25 * 1125) = 900 for you part time years</p><p></p><p>2000 for any age 25 years (5/25 * 2000) = 400 for your full time years</p><p></p><p>You do not have to suffer a reduction because your combined service credit qualifies you for a service pension.</p><p></p><p>If you want to put 35 years in you could still retire at 53 will no reduction.</p><p></p><p>for 35 years 20 part time 15 full time</p><p></p><p>1925 at any age 35 years (20/35 * 1925) 1100</p><p></p><p>3500 at any age 35 years (15/35 * 3500) 1500</p><p></p><p></p><p>Am I reading SPD wrong?</p></blockquote><p></p>
[QUOTE="saintrick, post: 1115923, member: 29276"] The way I understand it you can still take the partial service pension at any age and not suffer a reduction. example for 25 years 20 part time and 5 full time 1125 for any age 25 years (20/25 * 1125) = 900 for you part time years 2000 for any age 25 years (5/25 * 2000) = 400 for your full time years You do not have to suffer a reduction because your combined service credit qualifies you for a service pension. If you want to put 35 years in you could still retire at 53 will no reduction. for 35 years 20 part time 15 full time 1925 at any age 35 years (20/35 * 1925) 1100 3500 at any age 35 years (15/35 * 3500) 1500 Am I reading SPD wrong? [/QUOTE]
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Retirement - Part-time yrs. + Full-time yrs < What U Think (UPS/IBT Plan)
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