Thread: UPS retirement
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Old 09-14-2024 | 07:25 AM
  #14  
Chida
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Originally Posted by icohftb
Thanks for the response. I assume by that if you don't make to 55 you lose that benefit.
You don’t lose the benefit once you’re vested and I don’t remember exactly, but one is either immediately vested or vested after completing 1 yr of service. What would happen if you quit before age 55 is you would receive nothing until your chosen retirement age, that being 55 to 60. The formula for FAE would be used.
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