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Brown Cafe UPS Forum
UPS Retirement Topics
UPS Special Pension Buyout Offer - December 2016
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<blockquote data-quote="Cheapskate Pilot" data-source="post: 2392684" data-attributes="member: 64526"><p>Any advice would be greatly appreciated from whoever cares to chime in.</p><p></p><p>I worked for ups from 2005-2012 as a part time sup making somewhere around 22K-26K per year.....for 7 years. . . left the company on the road to bigger and better things after college.</p><p></p><p>Was told a few months ago the Present value of my account was $7004.00 and that my monthly payout at age 65 would be $290.00 per month.</p><p>I'm only 29 and have a long way to go (36 Years) until I could otherwise touch this money for $290.00 per month.</p><p></p><p>My question is this.....my offer was $7,000.....is that terrible, reasonable or good?</p></blockquote><p></p>
[QUOTE="Cheapskate Pilot, post: 2392684, member: 64526"] Any advice would be greatly appreciated from whoever cares to chime in. I worked for ups from 2005-2012 as a part time sup making somewhere around 22K-26K per year.....for 7 years. . . left the company on the road to bigger and better things after college. Was told a few months ago the Present value of my account was $7004.00 and that my monthly payout at age 65 would be $290.00 per month. I'm only 29 and have a long way to go (36 Years) until I could otherwise touch this money for $290.00 per month. My question is this.....my offer was $7,000.....is that terrible, reasonable or good? [/QUOTE]
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UPS Special Pension Buyout Offer - December 2016
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