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UPS LATEST PROPOSAL
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<blockquote data-quote="DELACROIX" data-source="post: 5637910" data-attributes="member: 49065"><p>They technically do not have a pension now except those under the Western. </p><p></p><p>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. </p><p></p><p>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. </p><p></p><p>Yea right part time pension…<img src="/community/styles/default/xenforo/smilies/2012/felloforit1.gif" class="smilie" loading="lazy" alt=":felloforit1:" title="Felloforit1 :felloforit1:" data-shortname=":felloforit1:" /></p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5637910, member: 49065"] 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…:felloforit1: [/QUOTE]
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