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Brown Cafe UPS Forum
UPS Union Issues
Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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<blockquote data-quote="Mugarolla" data-source="post: 2190458" data-attributes="member: 8481"><p>Look at the benefit amount in the right column.</p><p></p><p>I believe it said $305 and some change.</p><p></p><p>That is the monthly benefit, multiplied by contributory years.</p><p></p><p>30 years at a benefit level of $305 is a little over $9000 per month, the exact same amount that the mechanics show on their yearly pension estimate letter from the IAMNPF.</p><p></p><p>My local mechanic showed me his, and it also listed $12,000 per month if he put in 40 years.</p></blockquote><p></p>
[QUOTE="Mugarolla, post: 2190458, member: 8481"] Look at the benefit amount in the right column. I believe it said $305 and some change. That is the monthly benefit, multiplied by contributory years. 30 years at a benefit level of $305 is a little over $9000 per month, the exact same amount that the mechanics show on their yearly pension estimate letter from the IAMNPF. My local mechanic showed me his, and it also listed $12,000 per month if he put in 40 years. [/QUOTE]
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Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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