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UPS Retirement Topics
UPS Pension Plan Rolled Into IRA!? HELP making no sense
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<blockquote data-quote="bjbrown" data-source="post: 6033606" data-attributes="member: 98493"><p>Very confused! basically I worked as a full-time driver for 15 years between 2007-2022. I'm vested and credited with 14.7yrs service (which should be over 15 but that's another issue) anyway here I am 2 yrs after being fired and I get this letter in the mail saying my UPS pension plan has been rolled over into this IRA at inspira financial. The amount is only $3500 !? What is going on? I was under the impression I would be receiving a monthly pension of atleast $500 a month after I turn the appropriate age (I can't remember what under 15yrs service monthly pension amount was but $3500? That's like $275 a month for 1 year and how can they just roll it over into IRA without contacting me and literally 2 years after leaving UPS! Help plz</p></blockquote><p></p>
[QUOTE="bjbrown, post: 6033606, member: 98493"] Very confused! basically I worked as a full-time driver for 15 years between 2007-2022. I'm vested and credited with 14.7yrs service (which should be over 15 but that's another issue) anyway here I am 2 yrs after being fired and I get this letter in the mail saying my UPS pension plan has been rolled over into this IRA at inspira financial. The amount is only $3500 !? What is going on? I was under the impression I would be receiving a monthly pension of atleast $500 a month after I turn the appropriate age (I can't remember what under 15yrs service monthly pension amount was but $3500? That's like $275 a month for 1 year and how can they just roll it over into IRA without contacting me and literally 2 years after leaving UPS! Help plz [/QUOTE]
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UPS Pension Plan Rolled Into IRA!? HELP making no sense
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