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<blockquote data-quote="pretzel_man" data-source="post: 786136" data-attributes="member: 927"><p>Are you 100% sure about that???</p><p> </p><p> </p><p>The October 2008 FAQ's implies something different.</p><p> </p><p>It says:</p><p> </p><p>"UPS sponsors the UPS Retirement Plan and funds it--- with no contributions required of employees. In order to provide employees with future retirement income employees can make contributions to the UPS Savings Plan ..."</p><p> </p><p>It also says:</p><p>"Portability is one of the new features of the PAF. Once vested, you may take your vested PAF account balance with you when you leave UPS for any reason".</p><p> </p><p>Since I am not covered by the PAF, I am not 100% sure. I'm just reading the materials.</p><p> </p><p>----Edit----</p><p> </p><p>I found the original presentation. It mentions BOTH a PAF and Savings Advantage.</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 786136, member: 927"] Are you 100% sure about that??? The October 2008 FAQ's implies something different. It says: "UPS sponsors the UPS Retirement Plan and funds it--- with no contributions required of employees. In order to provide employees with future retirement income employees can make contributions to the UPS Savings Plan ..." It also says: "Portability is one of the new features of the PAF. Once vested, you may take your vested PAF account balance with you when you leave UPS for any reason". Since I am not covered by the PAF, I am not 100% sure. I'm just reading the materials. ----Edit---- I found the original presentation. It mentions BOTH a PAF and Savings Advantage. [/QUOTE]
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