How much?
Would you support a national strike for a regional issue
- Thread starter brown_trousers
- Start date
Old Man Jingles
Rat out of a cage
Me.
Jkloc420
Do you need an air compressor or tire gauge
Let me explain it better a 30 year employee vs a 10 year employee. Do you do a 1000 bucks a year, 2000, im not sure that is worth it
They put in over 3k a year into your part time pension
Jkloc420
Do you need an air compressor or tire gauge
it would have to be equivalent to that because it won' be worth it for less
Plus it would all be your money if you quit.
Jkloc420
Do you need an air compressor or tire gauge
you still have your pension if you quit after five year i belive
BakerMayfield2018
Fight the power.
I believe you are a Mo Ron.
UpstateNYUPSer(Ret)
Well-Known Member
The ideal would be for the company to pay their withdrawal liability and put us in their plan; of course, doing this would all but kill the fund.
Yes you are vested after 5 years. Many part timers don't stay they long and get nothing.
That's speculation. When UPS paid their CS w/d, that fund went green zone.
Then the market crash wiped away that payment.
But in your case, if they paid their w/d liability, you would start at zero yrs in the UPS plan.
How is that "ideal" for a guy nearly retired?
UpstateNYUPSer(Ret)
Well-Known Member
Wrong.
Bubblehead
My Senior Picture
If the scenario was parallel to Central States, wouldn't Nancy's pension benefit be paid from the UPS/Teamster fund until she turns 65, since the Company paid her withdraw liability, then paid in combination from both funds subsequently?
....and as long as the scenario is parallel to CS, and she retires under a contract with UPS guaranteeing any shortfalls from the Union fund (or the PBGC), wouldn't the Company make up the difference?
Unless of course, it occurs after she retires???....would serve her right, LOL
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Bubblehead
My Senior Picture
Refresh our memories, when do you plan to retire again???
542thruNthru
Well-Known Member
Come on bubble... I've come to expect better and more intelligent insults then just calling some one a girl. Don't be a @Turdferguson you're better then that.
Bubblehead
My Senior Picture
It's a very dated reference, from before your time here.Come on bubble... I've come to expect better and more intelligent insults then just calling some one a girl. Don't be a @Turdferguson you're better then that.
Trying to resurrect it as a parting gift for "Dan".
Would you be surprised to know that there was once a "Nancy" filter on this site???
542thruNthru
Well-Known Member
It might surprise you but I have been here since that long. I remember the filter. Had some fun myself trying to get around it. I understood the Nancy part just never saw people adding the she through out the post.
brown_trousers
Well-Known Member
If its anything like our west coast pension, UPS contributes about $8 an hour into the pension, I believe part timers get about the same, but they get less hours, so their pension benefit doesnt increase as fast
542thruNthru
Well-Known Member
Here in so cal it's $10 for FT and $8 for PT
DELACROIX
In the Spirit of Honore' Daumier
So here is a question...Is the Company contributing the same exact amount per individual into the IBT/UPS pension fund or any other Company controlled pension plans?
The same question applies to any Health and Welfare contributions which should be relatively the same per Article 34 (Master), and if not where is the money?
Last year United Parcel Service obtained a 14 percent interest return on their company controlled Retirement investments (Union and Corporate plans).
Research on how a (defined benefit plan) and (monetary contribution plan) works and is funded before you respond.
