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UPS laying off Technical hourly employees
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<blockquote data-quote="ncrtscisme" data-source="post: 78518" data-attributes="member: 4721"><p>good summary, SeniorGeek! I have my package, and I wonder about some of the same things you're wondering about...I can tell you that a tech I know who took the separation package was told by HR that you ARE still allowed to recieve your pension when you retire.</p><p></p><p>halo, the package states that we will recieve pay for all unused discretionary days and vacation days as if we were working the entire year (if you normally would get 4 vacation weeks this year and you don't use any of them up, you will get paid for all 4 weeks).</p><p></p><p>Separation package pay</p><p>=</p><p>2 weeks pay</p><p>+</p><p>1 week for every year you have with UPS</p><p>+</p><p>all unused discretionary days</p><p>+</p><p>all unused vacation days for the year</p><p>+</p><p>1 week for every month worked after Jan 31 (this applies to region 02 TSC, we close sometime in May)</p><p>+</p><p>4 weeks bonus pay for those who take the separation package who were above the "line" (in our case, hired before july 1999 and in a position that is going to stay)</p></blockquote><p></p>
[QUOTE="ncrtscisme, post: 78518, member: 4721"] good summary, SeniorGeek! I have my package, and I wonder about some of the same things you're wondering about...I can tell you that a tech I know who took the separation package was told by HR that you ARE still allowed to recieve your pension when you retire. halo, the package states that we will recieve pay for all unused discretionary days and vacation days as if we were working the entire year (if you normally would get 4 vacation weeks this year and you don't use any of them up, you will get paid for all 4 weeks). Separation package pay = 2 weeks pay + 1 week for every year you have with UPS + all unused discretionary days + all unused vacation days for the year + 1 week for every month worked after Jan 31 (this applies to region 02 TSC, we close sometime in May) + 4 weeks bonus pay for those who take the separation package who were above the "line" (in our case, hired before july 1999 and in a position that is going to stay) [/QUOTE]
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UPS laying off Technical hourly employees
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