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What exactly happens with a part time 5 year vested pension? Is it worth it to get just a 5 year pension?
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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 4549234" data-attributes="member: 44954"><p>Article 34</p><p>The benefit formula in</p><p>the UPS Pension Plan for current or future part-time employees</p><p>who are participants will be increased solely for purposes of the</p><p>monthly accrued benefit, effective August 1, 2008 to sixty dollars</p><p>($60.00) for each year of future Credited Service to a maximum of</p><p>35 years of Credited Service.</p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 4549234, member: 44954"] Article 34 The benefit formula in the UPS Pension Plan for current or future part-time employees who are participants will be increased solely for purposes of the monthly accrued benefit, effective August 1, 2008 to sixty dollars ($60.00) for each year of future Credited Service to a maximum of 35 years of Credited Service. [/QUOTE]
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What exactly happens with a part time 5 year vested pension? Is it worth it to get just a 5 year pension?
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