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Qwest Q1 Earnings > Let them eat dog food.

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batterup
I Can Not Tell A Lie.
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join:2003-02-06
Netcong, NJ
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·Verizon Online DSL

reply to viperlmw

Re: Let them eat dog food.

said by viperlmw:

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.
to forum · permalink · 2007-05-02 00:12:22 ·
Forums > Qwest Q1 Earnings

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