Ups. Central states pension

[Wally]

Does anyone know what age does the ups retirement transfer to central states retirement thank u

The way the fund is going, retirement age might be 80 soon.

 

[Johney]

UPS covering Central States portion is negotiated each contract, UPS can stop this as soon as next contract.

They can try. Hopefully that will never be negotiated out for a lot of us.

 

[IVE GOTTA PACKAGE 4U]

They can try. Hopefully that will never be negotiated out for a lot of us.

Don't count your chickens

 

[IESucks]

Does anyone know what age does the ups retirement transfer to central states retirement thank u

Go to upsers. Com. Go to retirement benefits . Put in ur assumed retirement date, it will show you

 

[1989]

Don't count your chickens

Then how would you know if a fox ate one.

 

[IVE GOTTA PACKAGE 4U]

Then how would you know if a fox ate one.

Ask @Brownslave688 how to count chickens.

 

[Johney]

Don't count your chickens

I assure you if they bargain this out they're done.

 

[IVE GOTTA PACKAGE 4U]

I assure you if they bargain this out they're done.

Where do I vote No at??

 

[trickpony1]

I know a driver that started as a preloader, then went to pkg car, then finished his career in feeder.

When he retired his PT pension was based on the language in the contract AT THE TIME HE WAS HIRED.
​

So...my question is...(wait for it)…

if he retired in early 2017 and considering the language talking about UPS making up any shortages in the CS pension is clearly in print, in the current contract book then is he safe regardless of what happens next contract?

 

[oldngray]

I know a driver that started as a preloader, then went to pkg car, then finished his career in feeder.

When he retired his PT pension was based on the language in the contract AT THE TIME HE WAS HIRED.
​

So...my question is...(wait for it)…

if he retired in early 2017 and considering the language talking about UPS making up any shortages in the CS pension is clearly in print, in the current contract book then is he safe regardless of what happens next contract?

You would think he would be grandfathered in but it didn't work that way when they started screwing retirees on health insurance.

I agree that changes "should" apply to future retirees but don't count on it.

 

[Johney]

I know a driver that started as a preloader, then went to pkg car, then finished his career in feeder.

When he retired his PT pension was based on the language in the contract AT THE TIME HE WAS HIRED.
​

So...my question is...(wait for it)…

if he retired in early 2017 and considering the language talking about UPS making up any shortages in the CS pension is clearly in print, in the current contract book then is he safe regardless of what happens next contract?

I'm not sure but I think that is a big misconception.

 

[oldngray]

I know a driver that started as a preloader, then went to pkg car, then finished his career in feeder.

When he retired his PT pension was based on the language in the contract AT THE TIME HE WAS HIRED.
​

So...my question is...(wait for it)…

if he retired in early 2017 and considering the language talking about UPS making up any shortages in the CS pension is clearly in print, in the current contract book then is he safe regardless of what happens next contract?

The language on part time pensions changed after I was hired and after I went full time (but before I retired). Main difference was reduction of years to be vested going from 10 years down to 5. They were to my benefit but the changes still applied to me.

 

[rod]

I know a driver that started as a preloader, then went to pkg car, then finished his career in feeder.

When he retired his PT pension was based on the language in the contract AT THE TIME HE WAS HIRED.
​

So...my question is...(wait for it)…

if he retired in early 2017 and considering the language talking about UPS making up any shortages in the CS pension is clearly in print, in the current contract book then is he safe regardless of what happens next contract?

Death and taxes man--death and taxes. ONLY 2 things in the world that are "for sure".

 

[Raw]

I assure you if they bargain this out they're done.

Wrong! The people who didn't`t save and depended on a pension are done.

 

[BigUnionGuy]

I know a driver that started as a preloader, then went to pkg car, then finished his career in feeder.

When he retired his PT pension was based on the language in the contract AT THE TIME HE WAS HIRED. ​

He had no further contributions paid, so he receives the amount payable at the time.

So...my question is...(wait for it)…

if he retired in early 2017 and considering the language talking about UPS making up any shortages in the CS pension is clearly in print, in the current contract book then is he safe regardless of what happens next contract?

Absolutely.



-Bug-

​

 

[Johney]

Wrong! The people who didn't`t save and depended on a pension are done.

Oh ok if you say so. You know you don’t have to depend on something to still be deserving of it. Money was paid into it for myself and others I want what I deserve.