Teamster Buyout?

[AllTheBellsAndWhistles123]

They’ve never done that here

Really? NYTPF sent them out and my last one was very close to my actual amount.

Pensions are pretty much the same within the same building—-anyone who is near retirement need only ask a recently retired co-worker to get a ballpark of how much their payment should be.

In our Fund, anyone near retirement who may be anticipating a buyout need only to email the Fund to get an up to date estimate.

 

[Thebrownblob]

Really? NYTPF sent them out and my last one was very close to my actual amount.

Pensions are pretty much the same within the same building—-anyone who is near retirement need only ask a recently retired co-worker to get a ballpark of how much their payment should be.

This is difficult for you to understand. You were in a very small pension fund. I am in a huge one.

We get some general pension information about the health of the whole pension but if you want your own numbers, you have to send away for them and it takes numerous weeks after three or four.

 

[BadIdeaGuy]

Pensions are pretty much the same within the same building—-anyone who is near retirement need only ask a recently retired co-worker to get a ballpark of how much their payment should be.

Um. No.

Survivor benefits and YoS differ pretty greatly.

 

[toonertoo]

It will be interesting. Wish I hadn't retired..( sarcasm)

 

[Thebrownblob]

Um. No.

Survivor benefits and YoS differ pretty greatly.

He’s clueless here he cannot be serious

 

[AllTheBellsAndWhistles123]

Um. No.

Survivor benefits and YoS differ pretty greatly.

Hence the “ballpark”.

 

[toonertoo]

Delayed ...
Nice ti see you back









And






Your front too.

Behave

 

[BadIdeaGuy]

Hence the “ballpark”.

No.

I'm aware that you wouldn't understand, due to your relationship status, but the survivorship options GREATLY affect the payouts, and are dependent upon the age differential of the spouse.

 

[Thebrownblob]

Hence the “ballpark”.

You would make a big decision like this with a ballpark figure?

 

[AllTheBellsAndWhistles123]

It will be interesting. Wish I hadn't retired..( sarcasm)

I retired 6/22/18—-had there been a potential buyout I would have postponed until there were firm details, including an offer letter; however, I would have left well before Peak one way or the other.

I think the Company will be shocked at how many drivers accept the buyout.

 

[AllTheBellsAndWhistles123]

You would make a big decision like this with a ballpark figure?

My pension is just one part of my retirement income.

 

[Thebrownblob]

No.

I'm aware that you wouldn't understand, due to your relationship status, but the survivorship options GREATLY affect the payouts, and are dependent upon the age differential of the spouse.

My wife stayed home for all the years.lMy kids were in school. She’s counting on my pension because she didn’t work. That was the deal we made.

Pretty sure I’m not gonna go home and tell her I’m gonna take the buyout because I have a ballpark idea of what we’re getting.

 

[Thebrownblob]

My pension is just one part of my retirement income.

Mine too, genius but it’s pretty important and if you handle the rest of your retirement in a ballpark fashion, you’ll probably be living in a box before you’re dead

 

[IVE GOTTA PACKAGE 4U]

Um. No.

Survivor benefits and YoS differ pretty greatly.

Big money

If you.have a spouse
I know all my exact numbers

 

[AllTheBellsAndWhistles123]

You would make a big decision like this with a ballpark figure?

At first? Yes but I would reach out to the Fund for concrete numbers.

 

[Johney]

I retired 6/22/18—-had there been a potential buyout I would have postponed until there were firm details, including an offer letter; however, I would have left well before Peak one way or the other.

I think the Company will be shocked at how many drivers accept the buyout.

My pension is just one part of my retirement income.

 

[Thebrownblob]

At first? Yes but I would reach out to the Fund for concrete numbers.

Well, going off what you’ve been telling us we wouldn’t have that kind of time we would have to make a decision like a used car dealership

 

[AllTheBellsAndWhistles123]

Mine too, genius but it’s pretty important and if you handle the rest of your retirement in a ballpark fashion, you’ll probably be living in a box before you’re dead

GoFundMe?

 

[IVE GOTTA PACKAGE 4U]

My pension is just one part of my retirement income.

I hope.ypu have some i bonds

@Jkloc420 can help you

 

[AllTheBellsAndWhistles123]

Well, going off what you’ve been telling us we wouldn’t have that kind of time we would have to make a decision like a used car dealership

30 days which means potentially eligible members should be reaching out to their pension funds now. I would even take a day off and drive to the Fund office to ask for their assistance.

When the pension bailout was first announced i immediately reached out to my financial adviser to discuss our options. I chose the rollover.