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Brown Cafe UPS Forum
UPS Retirement Topics
UPS Special Pension Buyout Offer - December 2016
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<blockquote data-quote="Junkguy" data-source="post: 2532933" data-attributes="member: 47368"><p>I've heard rumors of another round depending on the results of this one but after the first of the year the present value of the pensions will actually go down as life expectancy goes up so it may be a bit less. One never knows though. You should write a certified letter to the office in Atlanta and see what happens. All they can do is say no. The folks that handled the buyout were contracted and didn't have authority to change anything from what UPS gave them originally. My DP came in yesterday. I know it benefited them more than me but frankly I'm glad to be done with them. I fought for the part time years for 25 years after starting driving and it was the biggest factor in my understanding of how in bed the union and the company are o issues that benefit them and screw the worker. Good luck to you. It might be your last time to raise hell with them, enjoy it!</p></blockquote><p></p>
[QUOTE="Junkguy, post: 2532933, member: 47368"] I've heard rumors of another round depending on the results of this one but after the first of the year the present value of the pensions will actually go down as life expectancy goes up so it may be a bit less. One never knows though. You should write a certified letter to the office in Atlanta and see what happens. All they can do is say no. The folks that handled the buyout were contracted and didn't have authority to change anything from what UPS gave them originally. My DP came in yesterday. I know it benefited them more than me but frankly I'm glad to be done with them. I fought for the part time years for 25 years after starting driving and it was the biggest factor in my understanding of how in bed the union and the company are o issues that benefit them and screw the worker. Good luck to you. It might be your last time to raise hell with them, enjoy it! [/QUOTE]
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UPS Special Pension Buyout Offer - December 2016
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