PT Car Washer
Banned
According to the Central Region Supplement 30 and out at any age is $1950/mo for a PT Union member.Don't they have better numbers for 30 and out. For some reason I'm thinking $2500
According to the Central Region Supplement 30 and out at any age is $1950/mo for a PT Union member.Don't they have better numbers for 30 and out. For some reason I'm thinking $2500
You are going for 50 and out?According to the Central Region Supplement 30 and out at any age is $1950/mo for a PT Union member.
Not me. Talking to a Feeder driver a couple weeks ago. 47 years seniority and 70 years old. Told me he is wanting to stay another 6 years.You are going for 50 and out?
Now that's crazy. He is probably collecting his pension and social security.Not me. Talking to a Feeder driver a couple weeks ago. 47 years seniority and 70 years old. Told me he is wanting to stay another 6 years.
Not me. Talking to a Feeder driver a couple weeks ago. 47 years seniority and 70 years old. Told me he is wanting to stay another 6 years.
Sometimes the 30 and out isn't enough money, especially with the shape of many of these pension plans. Who wants to retire to go get another job?We have a few with more time then that. I think 1970 or 1971 is their full-time hire date. I don't know if it's greed or stupidity but anyone working that long needs to get a life, IMO.
I've been in both the UAW and the Teamsters. One common thing in both unions is that very few retire when first eligible. It may be different in other locals but almost all retirees in my feeder department have close to 40 years seniority.
Factoring in 40-years from now. A monthly payment might be around 2 Big Macs & a Coke. I personally believe at your youth. If you're not going to go the distance at UPS. Get out young & healthy and mentally happy. Plus, Amazon is eating our Founder's Day Cake. Bezos (the clown) knows how to massage his workforce. He's stepping it up all the time because he has the monetary fortitude to give hero pay, state of the art facilities and equipment. Pictures of each driver release. He's absolutely crushing UPS.I'm a package handler and I have worked at UPS since Peak 2015, I recently graduated from university and got a day job and am trying to start a career. However, I am only 5 months and 400 hours away from getting my 5 years of 750.
Today I got in an argument with my FT Sup over a warning letter I was receiving for call-offs after A) No Verbal warning and B) a total of 4 call-offs in the past year. He is, for lack of a better term, an. At some point during the conversation, all my contemplations of leaving over the years culminated into me putting in my two weeks and him telling me not to come back at all. My coworkers convinced me to talk to the hub manager to at least have the weekend to think about it. The hub manager looked at my attendance and officially rescinded the letter, and apologized for my treatment by my FT. However, I'm not sure if it's worth staying still or not.
Sorry for all the back story, to get to the point;
How would I go about finding how much of a pension I could get if I stayed working until January? And I was also reminded of the ability to cash it out, is there a way to find out the penalties on that? Is it worth it to stick it out the 5 months when I could be using my time for something more relevant to my future and that pays 2-3$ more, with its own pension opportunities?
And that's a good reason to put that 80¢ raise in your 401k.Factoring in 40-years from now. A monthly payment might be around 2 Big Macs & a Coke. I personally believe at your youth. If you're not going to go the distance at UPS. Get out young & healthy and mentally happy. Plus, Amazon is eating our Founder's Day Cake. Bezos (the clown) knows how to massage his workforce. He's stepping it up all the time because he has the monetary fortitude to give hero pay, state of the art facilities and equipment. Pictures of each driver release. He's absolutely crushing UPS.
Also, it's very possible their will be no pension in 40-years. You'll be the first cut from the mix if that happens.
Or stay and focus on your raise in 3-weeks. I say run, run far away! Buy yourself a retirement Disney movie the day you beat feet. Maybe a #3 at McDonald's too!![]()
How would I go about finding how much of a pension I could get if I stayed working until January? And I was also reminded of the ability to cash it out, is there a way to find out the penalties on that? Is it worth it to stick it out the 5 months when I could be using my time for something more relevant to my future and that pays 2-3$ more, with its own pension opportunities?
They would love the part-timers to quit before 5 years and make that fund look betterAbsolutely. They will offer to buyout your pension. It may be a few years down the road but a few thousand dollars is worth sticking around for.
Honestly i don't even know if they fund the pension if you have less then 5yrs in. They may make a lump sum payment into the fund at 5yrs. There is a reason we are not 100% fundedThey would love the part-timers to quit before 5 years and make that fund look better
Yes he should have started working there before he was born then he would be rich.Also, with 8-digit unemployment numbers and Covid doubling every month now. UPS will see less of the pie as Amazon will see more & more. If you live in Kansas or Montana you don't really see any of this. Where the population & money is located you're really starting to see it now. UPS global reach is shuttering too as Amazon's grows.
Get you a job at Sherwin-Williams and stay there for the long term something along those lines. A 1990 Sherwin-Williams employee leaving today would of made more than a 1990 UPS full time driver employee and never cleared over $60k. Providing they were assistant store manager or higher by way of their stock bonuses. I also know a guy in my city... worked 28-years now at an employee owned grocery store (that made it, most don't) and he showed me he had over $3-million in his 401k. His title; Back Room Manager, just an hourly title. Not salaried.
Don't be afraid to venture out and discover there's a lot of great ways to earn a solid living. None of my neighbors worked at UPS and they're doing good too. If you're technologically talented. You could go far.
The only thing I would say to you that would be sensible to stay at UPS is if you have to have money & insurance during Covid. There's not a whole bunch of jobs to choose from right now. This could take two more years. So if you got good opportunities if you flee this popsicle stand. I would hit it... ASAP! Don't quit because you got an unethical supervisor that's not fair or a meanie. Have a game plan for when you do leave. Then you'll never feel guilty you left. Check out on your terms.
They don't have to fund feature people when people are less than 5 years quitHonestly i don't even know if they fund the pension if you have less then 5yrs in. They may make a lump sum payment into the fund at 5yrs. There is a reason we are not 100% funded
Amazon cannot handle what they have now.Also, with 8-digit unemployment numbers and Covid doubling every month now. UPS will see less of the pie as Amazon will see more & more. If you live in Kansas or Montana you don't really see any of this. Where the population & money is located you're really starting to see it now. UPS global reach is shuttering too as Amazon's grows.
Get you a job at Sherwin-Williams and stay there for the long term something along those lines. A 1990 Sherwin-Williams employee leaving today would of made more than a 1990 UPS full time driver employee and never cleared over $60k. Providing they were assistant store manager or higher by way of their stock bonuses. I also know a guy in my city... worked 28-years now at an employee owned grocery store (that made it, most don't) and he showed me he had over $3-million in his 401k. His title; Back Room Manager, just an hourly title. Not salaried.
Don't be afraid to venture out and discover there's a lot of great ways to earn a solid living. None of my neighbors worked at UPS and they're doing good too. If you're technologically talented. You could go far.
The only thing I would say to you that would be sensible to stay at UPS is if you have to have money & insurance during Covid. There's not a whole bunch of jobs to choose from right now. This could take two more years. So if you got good opportunities if you flee this popsicle stand. I would hit it... ASAP! Don't quit because you got an unethical supervisor that's not fair or a meanie. Have a game plan for when you do leave. Then you'll never feel guilty you left. Check out on your terms.
I remember reading here the supervisor say a few years back thatAmazon cannot handle what they have now.
Maybe that will change later but for now on online shopping can get bigger and bigger and bigger
Amazon won't quit UPS 100%. If we opened up a brand new sealed deck of cards to play high card. The card you picked and the one I picked are equally balanced on who the lucky winner is. Right?Amazon cannot handle what they have now.
Maybe that will change later but for now on online shopping can get bigger and bigger and bigger