Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Retirement
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="dannyboy" data-source="post: 692810" data-attributes="member: 484"><p>Feeder</p><p> </p><p>The way it is here, UPS has agreed with the teamsters to allow a driver with 22 years full time, and 6 years part time, to retire under the 25 and out program. Each part time year, where you worked at least 600 hours counts 1/2 full time year. And actually, here you can buy out your last year of service ie, work 24, buy out year 25 and retire now.</p><p> </p><p>So yes, it is different from one area to another.</p><p> </p><p>If the driver does not combine the two retirements, they can draw their UPS retirement at the current retirement date, which was 55, dont know what it is now. And you do get $55 a month for each year worked part time.</p><p> </p><p>Two more things.</p><p> </p><p>Do not rely on someones words, get it in writing from the teamster office, with your name and date on it. The reason is part two</p><p> </p><p>Two, the ability, date, requirements to be able to retire can change very easily at the Teamsters board meetings, many which are held behind closed doors, and most 2-6 times a year. Policy changes are your responsibility to know, so dont hand in your resignation papers until you have your plan in writing from your plan. If what you have is more than 3-6 months old, get a new statement from the union. </p><p> </p><p>Things change, and they change fast. Be prepared.</p><p> </p><p>d</p></blockquote><p></p>
[QUOTE="dannyboy, post: 692810, member: 484"] Feeder The way it is here, UPS has agreed with the teamsters to allow a driver with 22 years full time, and 6 years part time, to retire under the 25 and out program. Each part time year, where you worked at least 600 hours counts 1/2 full time year. And actually, here you can buy out your last year of service ie, work 24, buy out year 25 and retire now. So yes, it is different from one area to another. If the driver does not combine the two retirements, they can draw their UPS retirement at the current retirement date, which was 55, dont know what it is now. And you do get $55 a month for each year worked part time. Two more things. Do not rely on someones words, get it in writing from the teamster office, with your name and date on it. The reason is part two Two, the ability, date, requirements to be able to retire can change very easily at the Teamsters board meetings, many which are held behind closed doors, and most 2-6 times a year. Policy changes are your responsibility to know, so dont hand in your resignation papers until you have your plan in writing from your plan. If what you have is more than 3-6 months old, get a new statement from the union. Things change, and they change fast. Be prepared. d [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Retirement
Top