montecarlo12 said:
Brown_blood,
Dont waste your time with Tieguy. he's a clown. I caught him in three lies in to days of posting. He has no back bone and I have yet to see a post in which he used any facts. Anyone who has been on Brown Cafe for any period of time knows he has no credibility.
Tieguy,
maybe you should change your T to an L....it seems to be a perfect fit Bozo!
I hear you monte. I doubt he is actually management anyhow. Just a whiney part-time sup, or an OMS that spends his days listening to gossip, then has his little fantasyland on here!
There were a couple of questions about retirement benefits and medical posted. With a normal separation, you will be entitled to your pension at 55; the amount you will receive is based on a formula using your years of service and the average of your last 5 years pay. There are a couple of things to beware of, however. They will send you a letter explaining your benefit: at what age you will be able to collect and the estimated amount you will get. You must have at least 5 full time years in to be eligible. Part time years are counted as 1/2 year each. They only estimate the amount of your last 5 years salary. If you want them to use the actual amount you have to challenge their numbers, but you cannot do that until you are within 6mos of retirement age. In addition, the letter they send you will be the only letter they send you. It will up to you to contact the company at 55, or you will lose the benefit. If you have a teamster retirement coming that will affect your UPS retirement, based on several factors. If your teamster retirement is substantial, you may want to start investigating your options early on as to how UPS will calculate your amount, as they have several formulas they use, with the default normally being the most favorable to UPS. As whether the language in the technician SAP says that you are not eligible for your retirement, I doubt it. I believe at this point in time any nonunion UPSer with at least 5 years gets some amount at 55 regardless of circumstances of separation. The clauses in the contract most likely protect the company in case of a change that would affect your benefit, i.e. they eliminate the pension, and elect to pay you a lump sum as opposed to an ongoing benefit.
Of course I would have a competent contract/employment attorney read ant documents before signing.
As to medical benfits, that depends on how they define your payout amount. If they are paying you the equivalent of 12 weeks pay, is it reported as compensation for the next 12 weeks, or is it a lump sum payout for an unspecified pay period. I would suspect it is the latter, which means that your medical will run through the last defined pay period they actually take your payment out of your check. So, if your weekly, and this were your last week, your medical would run through the end of next week. If youre monthly, it will always run through the last day of the month of separation. In this scenario, you should be able to collect unemployment beginning the week after next.
Those are the rules as I know them in my district, as always, your mileage may vary.