I believe the biggest retiree issue is the change to the retiree death benefit. Used to be equal to one year pay rate, now it's flat $10,000. Managers also no longer receive a retirement (happened several years ago). Other than these, I can't think of any other retiree issues that are a big deal (your mileage may vary).
I believe the biggest retiree issue is the change to the retiree death benefit. Used to be equal to one year pay rate, now it's flat $10,000. Managers also no longer receive a retirement (happened several years ago). Other than these, I can't think of any other retiree issues that are a big deal (your mileage may vary).
My $.02
Managers most likely don't receive a guaranteed pension. Like Verizon management they most likely now have to invest the money on their own.
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