Post job

This question is about ups pension plans.

Can part-time UPS employees receive a pension plan?

By Zippia Team - Aug. 8, 2023

Part-time UPS employees may or may not be eligible for a pension plan. Usually, part-time employees are not eligible for the UPS/IBT pension plan if they remain part-time for the full duration of their employment. Though, part-time employees can sometimes be eligible for the base UPS pension plan.

However, if a part-time employee becomes a full-time employee, they can have partial credit added to their UPS/IBT pension plan for the years they've already worked. Although, this will require that the employee is no longer participating in the base UPS plan.

It's important to note that the eligibility for a pension plan as a part-time UPS employee is not automatic. The employee needs to meet certain criteria, which can vary depending on the specific rules of the pension plan. For instance, they may need to have worked for UPS for a certain number of years or have reached a specified age.

Additionally, the type and amount of pension benefits that a part-time employee may be eligible for can also differ from those of full-time employees. Typically, the benefits are calculated based on factors such as the average earnings over a certain period and the total years of service. So, even if a part-time employee becomes eligible for a pension plan, the benefits may be lower than those of full-time employees due to fewer hours worked.

It's also worth mentioning that part-time employees who wish to qualify for the UPS/IBT pension plan need to transition to full-time employment. However, this process is not always straightforward and may involve other considerations, such as changes in job responsibilities and working hours.

Can part-time UPS employees receive a pension plan?

Choose from 10+ customizable resume templates

Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume

Search for jobs

Jobs near you

Related questions For ups pension plans