Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
UPS Management Retirement Pay out next year?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Old Man Jingles" data-source="post: 979044" data-attributes="member: 18222"><p>There has been some rumors from the Corporate Finance group that there are plans for UPS to buy out the retirement of management that has not retired in 2013. Several of the oldtimers are extremely worried because the value that UPS has in their Total Rewards is less than 1/3 of the amount of cash it would take to buy an annuity to replace their monthly pension payments. The two I heard talking about this turn 55 in 2013 and early 2014. My buyout would be a joke. These two guys said that just about all retirement funding is once a person turns 50. I have never thought about this or looked into this before. I have not heard anything about the Health Plan for retirees.</p><p></p><p>Has anyone else heard anything about this?</p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 979044, member: 18222"] There has been some rumors from the Corporate Finance group that there are plans for UPS to buy out the retirement of management that has not retired in 2013. Several of the oldtimers are extremely worried because the value that UPS has in their Total Rewards is less than 1/3 of the amount of cash it would take to buy an annuity to replace their monthly pension payments. The two I heard talking about this turn 55 in 2013 and early 2014. My buyout would be a joke. These two guys said that just about all retirement funding is once a person turns 50. I have never thought about this or looked into this before. I have not heard anything about the Health Plan for retirees. Has anyone else heard anything about this? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
UPS Management Retirement Pay out next year?
Top