Originally Posted by
BoilerUP
Yes, both in Contract 2016 and Extension 2020. Extension 2020 bumped the Flat Dollar Amount to $4300/YOS (Captains) in 2022 and $4400/YOS in 2023.
No DC changes in either agreement.
IOW- in 2023 a UPS Capt with 25 YOS will get a $110k pension. 29 YOS will get a $127.6k pension. 30 YOS (which I think is their CBA max, but not looking it up) will get a $132k pension.
Should you retire as an FO at UPS, your pension is substantially lower.