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Old Double Gobble
New Member
I've got a question about the 401k UPS has for its employees. My sup told me they match up to 3%. However, I have yet to see any of my money going in being matched and I was curious to know if they match at the end of each month (type of a thing) or if they even match at all.
If you work for UPS, they don't match.
Old Double Gobble
New Member
Okay, sounds good. Oh well, I'm still investing in it, I happen to like a few of the Funds they offer and it only adds to my portfolio of investments that I already have since before UPS too. Thanks for getting back with me so soon!
UPS doesn't match because they pay into a pension plan on your behalf.
Save as much as you can and good luck
Your supervisor might have not know that we don't get a match, because they get one. On the other hand, they don't get a pension
UpstateNYUPSer(Ret)
Well-Known Member
Catatonic
Nine Lives
What is your position?
Are you represented by the Teamster union?
If so, UPS contributes a given amount to the Teamsters on your behalf for retirement pension.
You will likely never see that money but the guys walking around in Brown Uniforms will realize the contributions on your behalf.
Eye To Eye Contact.
Well-Known Member
They don't match anything?
UpstateNYUPSer(Ret)
Well-Known Member
Nope but they do pay the administrative fees.
Nope. But they put money into a pension plan for you
Catatonic
Nine Lives
Nope.
The Teamsters reject that in negotiations every time it is brought up.
It is "safer" to get it in form of wages than 401k match.
Plus IBT can't get at 401k funds like they can Pension funds.
Old Double Gobble
New Member
I am just a package handler.
Old Double Gobble
New Member
Thank you very much!
No problem
silenze
Lunch is the best part of the day
False
Part time employee pensions are administered by ups. the teamsters union never see that money.
UpstateNYUPSer(Ret)
Well-Known Member
Depends upon where you work. In Upstate NY all union hourlies are in the Teamsters pension plan.
UpstateNYUPSer(Ret)
Well-Known Member
Yup.
The registration code UPS-W2 does not work. Keeps saying invalid
Hi all, New hire here.
Delivery driver.
HR told me to go to class on the 20th of this month. If the class is a week long, do I start at the hub right away if I pass? I ask because on Oct 3rd my grandma will undergo surgery and she asked me to be there for her. It's out of the country and I wanted to go for the week that Monday through Friday.
I have to go back to the hub this Thursday to fill out some paperwork and I'm planning on letting her know if I can take the next class after the 20th, hopefully after that first week of October.
My concern really is that I wouldn't want management to see me as someone who doesn't really want the job because I do want it BAD. I was told that during my probation period (which according to them I won't even make my first 40 days this year because they won't even have me working as much) Im supposed to make it to some type of A-list and that by not showing up, whining and going over authorized time will hurt me and prevent me from making it. Seeing my current situation, I'm concerned that it might actually hurt me as they say.
Delivery driver.
HR told me to go to class on the 20th of this month. If the class is a week long, do I start at the hub right away if I pass? I ask because on Oct 3rd my grandma will undergo surgery and she asked me to be there for her. It's out of the country and I wanted to go for the week that Monday through Friday.
I have to go back to the hub this Thursday to fill out some paperwork and I'm planning on letting her know if I can take the next class after the 20th, hopefully after that first week of October.
My concern really is that I wouldn't want management to see me as someone who doesn't really want the job because I do want it BAD. I was told that during my probation period (which according to them I won't even make my first 40 days this year because they won't even have me working as much) Im supposed to make it to some type of A-list and that by not showing up, whining and going over authorized time will hurt me and prevent me from making it. Seeing my current situation, I'm concerned that it might actually hurt me as they say.
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