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Ups. Central states pension
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<blockquote data-quote="BigUnionGuy" data-source="post: 3570228" data-attributes="member: 4992"><p><em>"The UPS/IBT Plan will recognize full-time service in the CS Plan for determining eligibility for the benefits in this section and will offset at Normal Retirement Age the benefits accrued from the CS Plan commencing at Normal Retirement Age."</em></p><p><em></em></p><p><em></em></p><p><a href="https://teamster.org/sites/teamster.org/files/6161478090_master_final.pdf" target="_blank">https://teamster.org/sites/teamster.org/files/6161478090_master_final.pdf</a></p><p></p><p></p><p>[USER=45230]@oldngray[/USER].... maybe I'm miss-understanding your post ?</p><p></p><p></p><p>The OP will collect his pension check from the UPS/IBT plan until age 65.</p><p></p><p>Then, Central States picks up their portion. Hence the 2 checks (for the total amount)</p><p></p><p></p><p>The most relevant part of this language is;</p><p></p><p></p><p><em>"If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset."</em></p><p></p><p></p><p>I got the impression, the OP was concerned if Central States bites it....</p><p></p><p>His entire pension was left with Central States.</p><p></p><p></p><p></p><p>-Bug-</p></blockquote><p></p>
[QUOTE="BigUnionGuy, post: 3570228, member: 4992"] [I]"The UPS/IBT Plan will recognize full-time service in the CS Plan for determining eligibility for the benefits in this section and will offset at Normal Retirement Age the benefits accrued from the CS Plan commencing at Normal Retirement Age." [/I] [URL]https://teamster.org/sites/teamster.org/files/6161478090_master_final.pdf[/URL] [USER=45230]@oldngray[/USER].... maybe I'm miss-understanding your post ? The OP will collect his pension check from the UPS/IBT plan until age 65. Then, Central States picks up their portion. Hence the 2 checks (for the total amount) The most relevant part of this language is; [I]"If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset."[/I] I got the impression, the OP was concerned if Central States bites it.... His entire pension was left with Central States. -Bug- [/QUOTE]
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