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“Envision your retirement letter”
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<blockquote data-quote="Give me A buyout" data-source="post: 291172"><p>I just received my envision news letter for the U.S. union-free workforce. As I read through the letter it explained all the changes to the pension plan for the “younger employees” and how there would be “no changes” to the plan for the (born on or before 12/31/78) in the years 2008 & 2009. </p><p>So what did the older employees ask for in the ‘Rewards Value Study”? This older employee would like a portable plan in the form of a buyout. This plan looks like it is creating an adverse impact on the over 40 & 50 group. Looks like we will all have to wait for the next envision letter to get the details. Nice to know that our union employees have all the details to their retirement plan so they can make sound plans for retirement! And what happens after 2009??</p></blockquote><p></p>
[QUOTE="Give me A buyout, post: 291172"] I just received my envision news letter for the U.S. union-free workforce. As I read through the letter it explained all the changes to the pension plan for the “younger employees” and how there would be “no changes” to the plan for the (born on or before 12/31/78) in the years 2008 & 2009. So what did the older employees ask for in the ‘Rewards Value Study”? This older employee would like a portable plan in the form of a buyout. This plan looks like it is creating an adverse impact on the over 40 & 50 group. Looks like we will all have to wait for the next envision letter to get the details. Nice to know that our union employees have all the details to their retirement plan so they can make sound plans for retirement! And what happens after 2009?? [/QUOTE]
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