Originally Posted by
FTv3
Ok, I understood it would be reduced by something like 1/4-1/3. Vastly starts to imply closer to 50% or less. Do you have more concrete ballpark guesstimates?
We are in a really unstable time period, WWW3 lurking, technology advancing exponentially, everything’s constantly changing. To me, UPS’s endpoint is not an if, it’s a when issue, certainly possible within our lifetime.
from
https://www.pbgc.gov/wr/benefits/gua...imum-guarantee
The below table is the most you could get if the pension fund went belly up and UPS was no longer on the hook to make it whole. There are plenty of caveats in this process. So do your own due diligence! Remember, it’s not what you could have earned, it’s what you already had vested when the PBGC steps in. In my case, as a recent captain upgrade years away from hitting flat dollar eligibility, it’s just 1% FAE times years of service, not the current flat dollar multiplier. That’s a not insignificant risk, but our fund is fairly well funded and rising interest on Treasuries will help our fund grow faster since it’s required to own a lot of them.
Age Straight-Life Annuity Joint and 50% Survivor Annuity
1
75 $22,592.73 $20,333.46
74 $20,541.55 $18,487.40
73 $18,490.37 $16,641.33
72 $16,439.19 $14,795.27
71 $14,388.00 $12,949.20
70 $12,336.82 $11,103.14
69 $11,073.41 $9,966.07
68 $9,958.64 $8,962.78
67 $8,992.50 $8,093.25
66 $8,175.00 $7,357.50
65 $7,431.82 $6,688.64
64 $6,911.59 $6,220.43
63 $6,391.37 $5,752.23
62 $5,871.14 $5,284.03
61 $5,350.91 $4,815.82
60 $4,830.68 $4,347.61
59 $4,533.41 $4,080.07
58 $4,236.14 $3,812.53
57 $3,938.86 $3,544.97
56 $3,641.59 $3,277.43
55 $3,344.32 $3,009.89
54 $3,195.68 $2,876.11
53 $3,047.05 $2,742.35
52 $2,898.41 $2,608.57
51 $2,749.77 $2,474.79
50 $2,601.14 $2,341.03
49 $2,452.50 $2,207.25
48 $2,303.86 $2,073.47
47 $2,155.23 $1,939.71
46 $2,006.59 $1,805.93
45 $1,857.96 $1,672.16