2 thoughts on “Forbes post, “Are Employers Shortchanging Employees In Their Pension Lump Sum/Early Retirement Offers?””
I’m one of the UPS pension buyouts and I chose to take the lump sum. I’d rather take a pretty hard hit and have the money under my control (i.e. reinvested) than risk UPS not being around in 10-20 years (highly likely, with Amazon around) and unable to pay out any benefits at all (UPS has a history of bungled pensions).
I’m one of the UPS pension buyouts and I chose to take the lump sum. I’d rather take a pretty hard hit and have the money under my control (i.e. reinvested) than risk UPS not being around in 10-20 years (highly likely, with Amazon around) and unable to pay out any benefits at all (UPS has a history of bungled pensions).
Can a part time employee with a vested benefit of 7 years employment with UPS receive a buyout?