FromPartnerToEmployee
Active Member
I am expecting the plan administrators will raise the retirement age to 59 or older, also maybe eliminate retiree's health and welfare benefits or modify them with higher deductibles and co-pays. They tend to follow what they can get away with the last collective bargaining agreement, us union folk really can not retire till 57 and that is a long shot. The longer the company can force you to work till 65 or longer the great the cost savings with health coverages.
If they ever decide to bump up the early-retirement to 57 or 59, I would hope they would grandfather some of us who are close to 55 now. That's my hope, but I realize there are no guarantees.
If they ever decide to bump up the early-retirement to 57 or 59, I would hope they would grandfather some of us who are close to 55 now. That's my hope, but I realize there are no guarantees.