They technically do not have a pension now except those under the Western.
What is the percentage of the starting part timers who are willing to stay 5 years in order to become vested. Even if they work past 5 years, let us say 10 or 15 years they would still not be able to collect till age 65, without that 6 % penalty.
10 years at 55 dollars a service year = 550 a month only at age 65. If they decide to collect once they leave UPS at age 55, their pension benefits are cut 60 percent…slightly under 275 a month..it might be able to pay your cell phone bill.
Yea right part time pension…