Canadian_mester
TB Lurker
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- 418
We were told we’d get a package explaining our years of service and what we could expect on the pension by August, this is the last day of August, anybody received anything explaining what we can expect?
Nothing. Absolutely nothing. Kind of like the trucks we were getting.We were told we’d get a package explaining our years of service and what we could expect on the pension by August, this is the last day of August, anybody received anything explaining what we can expect?
55 with 30 , 60 with 25, or at 65 .One of our top RDDR was supposed to retire in late September. He was told he could still retire as scheduled 58 years old and 30 years service for what it’s worth.
You have the formulas. Figure it outWhen you're less than a year away from retirement, but no one can give you an exact monthly figure(or better yet,put it on paper)of what you're pension is gonna be,it gets a little scary.
I have figured it out about a 1000 times but,if TFI comes up with a smaller figure than mine,do you really think they're gonna give me the higher amount?You have the formulas. Figure it out
I sent that form in a few days ago and I'm hoping for a response real soon.On UPSERS.com the retirement calculator has been disabled for TFI people.
Send a request for retirement estimate to [email protected], they will e-mail you a form, send it back then in about 2 weeks you will get your estimate.
TFI gave me a separate statement, barely a tank of gas a month...I have figured it out about a 1000 times but,if TFI comes up with a smaller figure than mine,do you really think they're gonna give me the higher amount?
Duh.I want a concrete figure!
If you have 30 years in. UPS will not buy you out. It's cheaper to bet the odd's you will die early from the 20 covid pounds you gained.If you have 30 years you'll end up with around , 3k per month.
I know someone who retired with 30 years. Worked for ovnt, then ups.
The amount can't be changed by the company, the pensions are run according to law and administration separate from the companies control.
I am personally waiting to see if they buy it out in 2023.
The only way TFI can legally end the pension is by a vote or a buyout. Ups is no longer in the picture.If you have 30 years in. UPS will not buy you out. It's cheaper to bet the odd's you will die early from the 20 covid pounds you gained.