Retirement Benefits Application
Ready to Retire?
Fill out the Forms
To apply for retirement benefits, download, complete, sign, and save the benefit application to your computer. Then scan and/or upload an image of the completed and signed application through the Apply for Pension portal. If submitting picture images, please make sure they are legible. Please keep the application as we may ask for original copies while we are processing your application.
Everything you need to get started is included in the application, and you must fully complete each section to avoid a delay. We recommend that you submit the application at least 90 days (but not more than 180 days) before your retirement date. It is very important that you provide us with timely notice of your retirement along with the completed Retirement Benefit application. Any retroactive benefit payments that you would otherwise be eligible to receive are limited to the 12-month period prior to the date the Fund receives written notification of your retirement date.
All UPS employees retiring after December 31, 2007 need to file a pension application with, and direct all questions to, the UPS/IBT Plan. Contact them by phone at 1-800-643-4442, by email at firstname.lastname@example.org, or at the mailing address below.
UPS/IBT Full-Time Employee Pension Plan
55 Glenlake Pkwy NE
Atlanta, GA 30328
Download the Benefit Application
Retirement Benefits Application
Start by filling out your background information and employment history. Be sure to list all employment, regardless of whether you were a member of the Fund's pension plan. Start with your present or most recent employer. Please add additional pages for employment history if needed.
You must attach/include copies of all appropriate documents including:
- Your birth certificate (or other proof of age)
- Spouse's birth certificate (or other proof of age)
- Marriage certificate
- Divorce decree
Be sure to sign and date the application to avoid any delay with your benefit.
IRS Form W-4P Tax Withholding Form
The IRS does not allow for a specific or flat amount to be withheld. Tax withholding must be based on your marital status and number of allowances plus any additional amounts you wish to have withheld.
Please consult your tax professional or see IRS Form W-4P for complete withholding instructions on pensions.
If you want to withhold Federal taxes:
- Print your name, address, and social security number.
- Check one of the martial status options and complete the number of allowances on Line 2.
- You can designate to have an amount withheld in addition to the tax table amount on Line 3.
- Sign and date the form.
If you do NOT want to withhold Federal taxes:
- Print your name, address, and social security number in the space provided.
- Check the box on Line 1.
- Sign and date the form.
Benefit Payment Method Form
This form is required to initiate your pension benefit payments — no other form will be accepted. You must keep the Fund informed of any change in your address, regardless of which payment method you chose. We will collect any amount that is overpaid.
Direct Deposit: Directly depositing your monthly pension check into your bank account is the fastest and most convenient way to receive your pension. Avoid the trip to the bank and sign up today.
Payment is deposited electronically into your checking or savings account on the first day of each month (unless the first day of the month falls on a weekend or a bank holiday). Because of processing time, your first and/or second payment may be sent by mail.
If you change banks in the future, you will need a new form.
Send me my check by mail: Every effort is made to ensure your check is received on the first day of each month. Because of circumstances beyond our control, there is no guaranteed delivery date. In the event a replacement check is necessary, one might not be issued until the 10th day of the month.
Sign and date the form when finished.
Payment Options (Joint and Surviving Spouse Options)
IF YOU ARE SINGLE:
Lifetime Only Option or the Lifetime with Limited Surviving Spouse Option: If you are SINGLE when you retire, your benefit will be paid as a single life annuity under the Lifetime Only Option or the Lifetime with Limited Surviving Spouse Option, depending on the Benefit Class you were at when you retired.
IF YOU ARE MARRIED (CHOOSE ONLY ONE OF THESE THREE OPTIONS):
Joint and 50% Surviving Spouse Option: If you are MARRIED when you retire, the normal form of payment is the Joint and 50% Surviving Spouse Option. The Joint and 50% Surviving Spouse Option provides for a reduced monthly payment for your lifetime so that in the event you die before your spouse, 50% of your reduced monthly benefit will continue to your spouse for the remainder of his or her lifetime. This option is revocable by the member up until 90 days of receiving a pension benefit, and cannot be later revoked or changed under any circumstances. You must include copies of your marriage certificate and your spouse's birth certificate for this option.
Joint and 75% Surviving Spouse Option: If you are MARRIED when you retire, you can elect the Joint and 75% Surviving Spouse Option. The Joint and 75% Surviving Spouse Option provides for a reduced monthly payment for your lifetime so that in the event you die before your spouse, 75% of your reduced monthly benefit will continue to your spouse for the remainder of his or her lifetime. This option is revocable by the member up until 90 days of receiving a pension benefit, and cannot be later revoked or changed under any circumstances. The option is not available for plan members whose death occurs before their retirement date. You must include copies of your marriage certificate and your spouse's birth certificate for this option.
Waiver of Joint and Surviving Spouse Option: If you are MARRIED but do not want either of the joint payment options, you will need a Waiver of Joint and Surviving Spouse Option. The waiver form must be signed by your spouse and notarized, and the Fund will need the original notarized form — faxes will not be accepted. The waiver is revocable by the member up until 90 days of receiving a pension benefit, and cannot be later revoked or changed under any circumstances.
Retirement Declaration Form
Your retirement date is the date you stop working for an employer who is contributing on your behalf to the Central States Pension Fund, and you will not be entitled to any further weekly compensation of any kind from that employer.
If you do not provide us with timely notice of your retirement, any retroactive benefit payments that you would otherwise be eligible to receive are limited to the 12-month period prior to the date we receive notification of your retirement date.
Lump Sum Payment: If you receive a lump sum payment when you retire for accrued vacation, time off, or sick pay, and this payment was not the result of an employer bankruptcy, shutdown, or severance payment, you can begin receiving pension payments without being required to wait for the lapse of the period corresponding to the number of weeks of the lump sum payment you received. In exchange, you agree to waive any potential claim for pension credit in connection with the lump sum payment.
Reemployment: You need to promptly notify us if you return to work in any capacity, including self-employment, so we can determine if the employment falls under Restricted Reemployment.
Send Us the Forms
Be sure to return the entire completed application.
Scan and/or upload through the Apply for Pension portal.
If you choose to mail your application, please send here:
Central States, Southeast and Southwest Areas Pension Fund
PO Box 5109
Des Plaines, IL 60017-5109
Contact one of our Benefits Specialists for more information on your retirement.Contact Us