Leaving mmp

I recently joined mmp as a licensed 3rd mate. However I decided to go to grad school (which is no where near a hall). I was wondering what is the process for quitting/resigning from the union? I have only paid the 10% induction fee and 2 quarters worth of dues and have only did 1 night mate job. My question is weather I can just stop paying dues and walk away or will they make me pay the rest of the $4500 initiation fee within the 360days from when I started before resigning?

Just stop paying your dues… they will send you a heads up that you are behind or late on dues, then you will be notified that you were dropped from their ranks. You don’t need to resign per se, just… stop paying them their dues.

You’re an applicant… no offense but no one will even notice you’re gone.

Raising threads from the dead?

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Need some information. I’ve been at MMP for two years and was recently let go from my job a abrievmant was done I’m looking to change careers completely does one need to fill out paper work to opt out this union

???

abrievmant (obscure nautical term): a very brief period of bereavement following the death of a mate at the hands of a union thug.

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Your question was answered in the second post on this thread.

Just don’t pay your dues, no paperwork required.

The union said I have to resign from the union and opt out the voting memebers portion as well

Are you a book member? If not, that is nonsense.

If so, why not just pay dues for a rainy day? As long as no one knows, no one will care.

I’m going to guess he is not in the offshore group and thus may have different rules. Either way, he’s not leaving the CIA. Just move on.

I always thought it kind of comical how meaningless you are to your union…all that rahrah every month from the fat cats in the Union rag about how “crucially important each of our brother and sister mariners are”

Just stop paying your dues, no one will notice or care, you will never hear from the Union again in any real capacity, and they will keep sending you nonsense paperwork and magazines for years. It’s like zombies staff the office. You literally don’t exist to the Union. You are nothing more than a check in the mail. :joy:

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I have seen instructors at the schools still keeping their books. They pointed to the shipping rules stating that academy employment does not force them to resign, so I guess it depends where you go after you stop sailing.

I do not know what the vesting requirements of the MM&P with regards to money purchase benefits but if not vested that money goes back to the union. This doesn’t apply to any employee contributions to a 401.

In the MEBA it was 5 years to be vested in the money purchase plan. With their 401K plan it was 100% employee contributions, at least for the deep sea members.

No they aren’t. That’s literally the definition of “vesting”.

Without taking this topic in a different direction, if an employer offers a 401K it would be wise to use that vehicle as a means to grow a retirement nest egg. The contribution limits (19,000 in 2019) are higher than an IRA. If you leave, it is still your money vested or not. Any money put in by an employer is yours only after you are vested. Some places it is immediate, some employers it maybe 3 years, others it is 5 years.

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Then you’re fully vested from the beginning.

Agreed. As I said I know nothing with regards to the MM&P plans. When I started with the MEBA the vesting period for the Money Purchase was 5 years. That has changed.

From MEBA Plans:
“Vesting” means you have a non-forfeitable interest in your account. In other words, your account balance belongs to you and it cannot be taken away. In general, you will be vested when you earn three Years of Vesting Credit. (You will also be vested when you reach your Normal Retirement Age, if that occurs before you earn three Years of Vesting Credit and are in Covered Employment.)…You earn one Year of Vesting Credit for each calendar year in which you complete 125 Days of Service. Generally, a Day of Service means a day worked in Covered Employment.

Basically the MEBA’s Money Purchase is in a sense a 401K that are employer only contributions per union agreement. Their “401K” is purely your contributions. Two separate but similar plans in that you can direct the investments from a list of options.

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That’s not true. In a 401k employee contributions are always fully vested from the beginning but employer contributions aren’t. If you leave an employer before you are fully vested you can only take the vested percentage of employer contributions with you. If what you are saying is that employer contributions are 100% vested from the start that’s different than dating vesting doesn’t matter.

One can roll over a 401k into an IRA. I’m assuming this is what you meant by taking your 401k with you.

If anyone is having problems moving their money, a good option is to account transfer with a different brokerage. Fill in the info and let them deal with moving the money.