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Brown Cafe UPS Forum
UPS Union Issues
Union is done
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<blockquote data-quote="oldngray" data-source="post: 1321356" data-attributes="member: 45230"><p>Not for my local. It was capped at 35 years of credit for both methods of calculation (YOS and accrual). It did get a bump up from the $100 per year of credit in new contract but only up a total of $300-400 per year. The accrual method will give more if you are closer to 65 but subject to that 6% per year reduction, so around age 58 the YOS method is better. Even with accrual method I think its still capped below 4k per year max.</p></blockquote><p></p>
[QUOTE="oldngray, post: 1321356, member: 45230"] Not for my local. It was capped at 35 years of credit for both methods of calculation (YOS and accrual). It did get a bump up from the $100 per year of credit in new contract but only up a total of $300-400 per year. The accrual method will give more if you are closer to 65 but subject to that 6% per year reduction, so around age 58 the YOS method is better. Even with accrual method I think its still capped below 4k per year max. [/QUOTE]
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