Retirement

[bitter to the bone]

How old do you have to be to retire if you work part time?

 

[cosmo1]

Older than you want to be.

 

[Brownslave688]

 

[Number24]

PT pre-load? The sooner the better.

 

[Brownslave688]

PT pre-load? The sooner the better.

Why?

 

[Indecisi0n]

105

 

[UpstateNYUPSer(Ret)]

How old do you have to be to retire if you work part time?

You can retire at any age; however, you cannot start drawing your pension until you have met the minimum age/years of service requirements.

 

[Number24]

Why?

The physical work if you're 40+

 

[Brownslave688]

The physical work if you're 40+

There are lots of preload jobs that aren't that physical. Unload or sorter ok but anything else not that bad.

 

[rod]

How old do you have to be to retire if you work part time?

this guy was a part timer at UPS for 95 years

 

[bitter to the bone]

You can retire at any age; however, you cannot start drawing your pension until you have met the minimum age/years of service requirements.[/QUOT

Thanks for responding. That is what I actually meant. What are the minimum age/ years of service requirements? Would it be better to call my local or call UPS HR for more information ?

 

[hondo]

@bitter to the bone , you need to know which pension plan you are in. Your shop steward or a knowledgeable coworker should be able to help you with that. Or a call to your business agent at your local. There is probably even some info at upsers(.)com

If you are in the the "UPS Part-time Pension Plan" (company plan), see Article 34 Section 1(i) in the National Master Agreement. It lists '25 yrs at any age', '25 yrs at age 60', '30 yrs at any age', and '35 yrs at any age'. The dollar amounts shown there are for an older, lower accrual (payout) rate. Those are years of "Credited Service", which is defined in that Article.

If you are in a Teamster plan, check your contract Supplement or Rider for basic info.

Either way, it would be best to contact the pension plan itself. Ask for a statement/summary.