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An Unexpected Income "Stream"!
04-20-2018, 05:52 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Jun 2017
Location: Chicagoland
Posts: 1,127
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An Unexpected Income "Stream"!
Back in the late 70s and early 80s, I had worked at a chain grocery store for about 7 years in total: high school and afterwards, and then again through college.
The other day the DW mentions I should check with the union to see if I am entitled to a pension. I mostly worked part-time, but occasionally put in enough hours to qualify as full-time. I thought it would be a waste of time, but heck, I'm retired so it gave me something to do.
I google the mega union I belonged to and locate their pension dept. To my surprise, it turns out that I worked enough hours to generate a pension of $137 per month!
If not for the DW, I would never have even thought about this. So, I told her that I will use the pension check every month to take her out for a nice lunch.
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04-20-2018, 05:58 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,702
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That's cool, CoolRich!
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04-20-2018, 06:00 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Jan 2014
Posts: 1,770
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Nice surprise for you and nice treat for your wife! Congrats!!
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04-20-2018, 06:21 PM
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#4
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,298
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137 is a NICE lunch....
__________________
TGIM
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04-20-2018, 06:25 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2016
Posts: 8,968
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Nice find and nice score!
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04-20-2018, 06:30 PM
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#6
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gone traveling
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 744
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I put in 4 years with Budweiser and will get $248 a month, union dues were $50 a month so I have $2400 invested in the fund, within 10 months of drawing on it I will have my investment back just gotta wait 12 more years
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04-20-2018, 06:44 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jun 2017
Location: Chicagoland
Posts: 1,127
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Thanks everyone.
As one of my colleagues used to say: Whenever someone offers you free money, take it.
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04-20-2018, 06:51 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2016
Posts: 8,968
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Yeah Baby!
Always nice to "find" good things you weren't expecting.
You be sure to blow all that dough now ya hear -
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04-20-2018, 07:29 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2017
Posts: 1,157
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Good for you CoolRich ! Enjoy your time with DW. You earned it.
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04-20-2018, 07:46 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Apr 2016
Location: Ex-Cali
Posts: 1,245
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That is awesome! A nice meal out each month. Or, maybe more appropriate, a nice trip to the grocery store each month!
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______________________
The plan was September 1, 2022 and I am 95% there. Still working a few hours a week at the real job.
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04-20-2018, 08:15 PM
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#11
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Full time employment: Posting here.
Join Date: Sep 2010
Posts: 805
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Quote:
Originally Posted by Dtail
137 is a NICE lunch....
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That's my thinking...a super nice treat each month. Great news for you both!
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04-20-2018, 08:18 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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Very nice! I hope you and DW enjoy those lunches.
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04-20-2018, 09:19 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,514
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WOW! That is about as cool as it gets. LOL
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04-20-2018, 11:14 PM
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#14
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Thinks s/he gets paid by the post
Join Date: May 2005
Location: Portland
Posts: 1,713
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Quote:
Originally Posted by Dtail
137 is a NICE lunch....
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How many is that in "dollar menu" lunches?
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04-21-2018, 02:09 AM
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#15
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,124
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Finding $137 you didn’t know you had is really nice.
Finding it every month is even better
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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Too funny how life works sometimes
04-21-2018, 05:46 AM
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#16
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Dryer sheet aficionado
Join Date: Sep 2013
Location: Crystal River
Posts: 35
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Too funny how life works sometimes
Hey CoolRich59, thanks so much for posting this! I also worked for a union grocery chain for 4-5 years in high school and college back in the 70's and early 80's! I am going to have to figure out how to check with them to see if I get anything.
The union I was in was the UFCW, I remember that because they used to come to my parents house and do my taxes for me!
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04-21-2018, 06:04 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Jan 2017
Location: Hog Mountian
Posts: 2,077
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Hey CR59, I'm a member as well!
Moved from mega-c*rp subsidiary to HQ in 2006. In 2012, I got notice that pensions were being phased out??!! Turns out that when I moved to HQ, I became eligible for a pension Never had a clue. I took it at 60 when I retired. It's non-cola'd, but 100% joint survivable.
__________________
Never let yesterday use up too much of today.
W. Rogers
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04-21-2018, 06:41 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: Midwest
Posts: 1,795
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Nice public service announcement-thanks!
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04-21-2018, 11:23 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,655
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I'll say! With champagne!
Quote:
Originally Posted by Dtail
137 is a NICE lunch....
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__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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04-21-2018, 12:23 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Tampa Bay Area
Posts: 1,866
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hmmmmmmm I worked in a grocery store and was in the union during my high school and college years also ... I'm going to have to figure out if I can get some free cash too ! Congrats and enjoy your monthly treat !
__________________
"For the time being no discipline brings joy, but seems grievous and painful; but afterwards it yields a peaceable fruit of righteousness to those who have been trained by it." ~
Hebrews 12:11
ER'd in June 2015 at age 52. Initial WR 3%. 50/40/10 (Equity/Bond/Short Term) AA.
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