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UPS Retirement Topics
Retirement Questions
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<blockquote data-quote="Shiftless" data-source="post: 4879502" data-attributes="member: 47472"><p>Probably not.</p><p></p><p>Altho you may retire as a teamster (u r a teamster?) each Teamster regions retirement plans are run differently.</p><p></p><p>In my region when I retired it was not an option. What ever your married status is when you retire and how you opt to take the plan is final.</p><p></p><p>I have a relative who worked for the USPS. He was divorced at the time of retirement. Got married after retirement and added her and to be his successor when he dies. So then he collects less money per month but she is covered if he dies for her life. 2 years later he is divorced and is able to BUY back his marriage time??? Puts him right back at pay if he were single retired. This is a strategic financial move based on life expectancy.</p></blockquote><p></p>
[QUOTE="Shiftless, post: 4879502, member: 47472"] Probably not. Altho you may retire as a teamster (u r a teamster?) each Teamster regions retirement plans are run differently. In my region when I retired it was not an option. What ever your married status is when you retire and how you opt to take the plan is final. I have a relative who worked for the USPS. He was divorced at the time of retirement. Got married after retirement and added her and to be his successor when he dies. So then he collects less money per month but she is covered if he dies for her life. 2 years later he is divorced and is able to BUY back his marriage time??? Puts him right back at pay if he were single retired. This is a strategic financial move based on life expectancy. [/QUOTE]
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