Got two retirement statements. Very confusing. There is a smaller amount that says it is offset by your accrued benefits from the other plan. Not sure if that is added to the main one or is already figured in. Does anyone know if you have 30 years and retire before you are 65 do you get the full amount?
Says on the statement normal retirement date which is 65. Can anyone shed some light on this?
First of all, what is the other plan? I was under the impression, there were changes to those hired after 2008. That those people hired prior 2008 ,the same formula is being used as described in the 2006 SPD publication. Did we miss something?
Skeeter said:I'm not sure accelerator. I got another 4 years before my wife turns 65 before I even consider retiring...
First of all, what is the other plan? I was under the impression, there were changes to those hired after 2008. That those people hired prior 2008 ,the same formula is being used as described in the 2006 SPD publication. Did we miss something?
roadrnnr2007 said:As some one who was hired in 2008 (Sept) do I even have a pension of some kind??
Who handles the overnite pension fund? I've been hearing so much about central states being in trouble and reducing retirement payments to stay afloat. The only information I can find seems to apply to package that after ups bought out of central states they take care of any reductions to retirees (2008). Its all just a little confusing. May be a dumb questions but was overnite in the Central States pension fund before ups purchased them and bought ups out of Central states pension?
Who handles the overnite pension fund? I've been hearing so much about central states being in trouble and reducing retirement payments to stay afloat. The only information I can find seems to apply to package that after ups bought out of central states they take care of any reductions to retirees (2008). Its all just a little confusing. May be a dumb questions but was overnite in the Central States pension fund before ups purchased them and bought ups out of Central states pension?
Oh to be retired from this place............................
Just sayin
Guy's, I left Overnite in 99 with 7 years and am vested. I haven't received any statements for years now. Can someone please post an address or link where I and others can contact who ever is now in charge of the pension?