What do you think about these offers companies are making to their long-term employees? Some very big companies are offering $50,000 to $150,000 to their workers that were covered by defined benefit guarentee plans.
I saw one that cracked me up, instead of getting $900 a month and discounted health care, this company in trying to reduce its risk and shifting all burden on employees offered its retired employees who are collecting $900 and pay $130 for health care under their plan $60,000 and $5,000 to get them on the Health Insurance Exchange. Meanwhile this same company raised the benefit plans of it's upper-management higher and lowered the amount they pay for medical and give them free life insurance.
These poor people who worked 30 to 40 years are going to burn through these stupid offers in less than a year. Here's another great offer, they offer $90,000 and $20,000 for their retiree health care benefits of 30+ years working. So instead of paying them $1800 a month for life as a defined-benefit plan their offering $110k, how can any employee think of taking that lump-sum if their young? If these plans are so hot, how come the companies offering them are not taking them away from upper-management and their CEOs? Shows how little they care about their workers, do you think it's a good idea for people to take $80,000 instead of a guaranteed $1500 a month plus health-care?
I saw one that cracked me up, instead of getting $900 a month and discounted health care, this company in trying to reduce its risk and shifting all burden on employees offered its retired employees who are collecting $900 and pay $130 for health care under their plan $60,000 and $5,000 to get them on the Health Insurance Exchange. Meanwhile this same company raised the benefit plans of it's upper-management higher and lowered the amount they pay for medical and give them free life insurance.
These poor people who worked 30 to 40 years are going to burn through these stupid offers in less than a year. Here's another great offer, they offer $90,000 and $20,000 for their retiree health care benefits of 30+ years working. So instead of paying them $1800 a month for life as a defined-benefit plan their offering $110k, how can any employee think of taking that lump-sum if their young? If these plans are so hot, how come the companies offering them are not taking them away from upper-management and their CEOs? Shows how little they care about their workers, do you think it's a good idea for people to take $80,000 instead of a guaranteed $1500 a month plus health-care?