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Life After Brown
Ups 25 Year Service Retirement
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<blockquote data-quote="The Milkman" data-source="post: 619320" data-attributes="member: 22760"><p>I started at age 30 on 9-15-82..I had my 25 on 9-15-07. Took all my sick days and vacations and retired on 1-1-08. In our local 177 (East Coast)you could leave at 55 with 25 for full benefit. 30 years regardless of age also applied. When you have 20 years of pension credit you qualify for medical but if you leave before 55 you get less pension benefit on sliding scale.</p><p></p><p>Our pension is 3700 monthly. I took 50k up front and wife pension. After taxes that I selected, I clear a hair under 3g monthly. I rolled the 50k into my 401k then moved it all to my own fund that I chose. I pay 50 bucks monthly for medical for me and the wife.</p><p></p><p>I took out a long term care policy that was offered just before I retired with no medical questions asked with Met Life. I stumbled across the offer while on Upsers.com. It is a good deal if it becomes available to you. I worked at the customer counter my last 8 years and if it was offered in the center in the am meetings, I was unaware of the offer..Just Love not having to deal with all the BS anymore. Good luck to all who finish the race and cross the retirement line!!!!!!!!</p></blockquote><p></p>
[QUOTE="The Milkman, post: 619320, member: 22760"] I started at age 30 on 9-15-82..I had my 25 on 9-15-07. Took all my sick days and vacations and retired on 1-1-08. In our local 177 (East Coast)you could leave at 55 with 25 for full benefit. 30 years regardless of age also applied. When you have 20 years of pension credit you qualify for medical but if you leave before 55 you get less pension benefit on sliding scale. Our pension is 3700 monthly. I took 50k up front and wife pension. After taxes that I selected, I clear a hair under 3g monthly. I rolled the 50k into my 401k then moved it all to my own fund that I chose. I pay 50 bucks monthly for medical for me and the wife. I took out a long term care policy that was offered just before I retired with no medical questions asked with Met Life. I stumbled across the offer while on Upsers.com. It is a good deal if it becomes available to you. I worked at the customer counter my last 8 years and if it was offered in the center in the am meetings, I was unaware of the offer..Just Love not having to deal with all the BS anymore. Good luck to all who finish the race and cross the retirement line!!!!!!!! [/QUOTE]
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