P
Parcel Dudey
Guest
News from Atlanta infers that due to the ERI Survey Corporate is going to enhance the management plan somwhat...It will take the form of requiring that when a management person retires it has to be during the first quarter......the management person will receive in addition to the regular pension a severence check that is figured at the years of service times the prior years MIP factor giving a months number....so if you have 32 years and the MIP was 2.5 you would get 80 months of pay.......that would be for a lowly supervisor.......the managers and up would be at least 2 times that amount because they are smarter & work harder.......