#retirement

Change the retirement % to age chart.
62 = 100%
61 = 90%
60 = 85%
59 = 80%
IF THE COMPANY WOULD CHANGE THIS EMPLOYEES COULD RETIRE SOONER.

https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bancorp-announces-leadership-changes-in-its-operations-function.html

Chief Outsourcing Officer is retiring.

Has anyone heard rumors about an upcoming retirement package offering for those folks over 60?

I'm asking because my dad, who's been having some serious health issues, is refusing to consider early retirement because it would be - as he said it - a huge financial hit compared to waiting out retirement. Is this true? I have a feeling he's just a workaholic and is willfully ignoring his health because of it. He works at FIS.

I do my job well, but I ignore all the corporate games. I'm too close to retirement to waste energy on that stuff. The paycheck is the only reason I'm still here at this point.

Please continue working hard every day business as usual bringing in revenue to help support upper level retired management and perhaps one day you too shall travel first class, enjoy fine dinning, five star accommodations, fun toys and cosmetics. Thank you for your service.

Sounds like she was forced to “retire” by March per that email. Anyone know any details? Do share.

In this week's episode, legacy FT staff are still applying for their old jobs at FT. Making it to an interview is impressive enough since no one knows what criteria is being used. If one actually does interview, it is with colleagues fresh off the FIS boat, well known to them. Awkward interview ensues. One is then treated to radio silence. It is essential to keep legacy FT staff on the phones at FIS to answer Retirement calls through the end of Peak Season. It would further appear that FT believes that putting interviewees in a holding pattern until the end without advising them of same is just fine. The bitter end is close enough for the remaining staff to be able to smell the severance. All the while FIS is furiously sending out emails pleading for volunteers for overtime. Imagine the fights Andy Cohen will have to navigate while filming the Reunion?

I guess the best time to retire was yesterday. If I want to maximize the amount RSUs I receive, when is the best time to retire? After this years RSUs are received?

My early 50s don't have much of a chance to start up again somewhere else. Time to stock market casino time and roll the dice with what I have built up. Do or die time.

As a union worker, the union provides dental and vision coverage. when you retire do you still have dental and vision coverage? TIA for info.

https://www.change.org/p/reform-railroad-retirement-system

https://www.change.org/p/reform-railroad-retirement-system

https://www.change.org/p/reform-railroad-retirement-system

https://www.change.org/p/reform-railroad-retirement-system

During the severance period, does one have access to rollover from Cash balance plan to an IRA? What if displacement status is 'Retired'?

Made it through the last round of RIFs but decided to retire if I'm not RIFed in 1Q2026. No reason to keep training people who can't follow instructions. No reason to have output that is ignored or manipulated. No reason to appease yet another new department "leader" who is begging to be propped up to collect a huge salary.

It is time to go. Fortunately for me, having been through years of RIFs, we saved CASH all along the way and have a few years salary in the bank. Health insurance taken care of too. Time to look for something new after a break from VZW. I had a good 24 year run.

Rumors are circulating about potential union buyouts being offered in January or February. Has there been any official communication regarding possible buyouts for union members? Many union technicians are ready to retire or pursue other opportunities, and a buyout would likely prompt them to leave.

Any chance they’ll offer these in 2026?

So, we need to confirm our participation in the VRP before 2025 bonus amounts are decided.

Seems to me that a manager would want to minimize bonus amounts for soon-to-retire employees and bolster those who will remain on.

Does anyone have any insight on how this is handled?

What the H E double hockey sticks is going on???

As a single person still working but looking to retire in the next year or two. Can I please get some feedback on what you’re paying for Cobra for 1 person
Thank you

Interest rates aren’t going to get any lower anytime soon. Early 2026 is a good time to retire

Finally some good layoff news. Per Bloomberg Citi is severing 1K people this week. US centric. Pick me before I retire please.

Also FIRST!

So Bonus is not included in the 401k

Im 2 years away from the magic number 75=years of service + age min 50. Is it worth it to stay at VZ if you have a good opportunity offer with another company?

Will these benefits even be around in the future? Ill be 51 in two years theres no way i can stay here much longer. I heard the pension maxes out at 30 years service.

Most of the people I know who are staying are close to retirement. They are unhappy but see no point in starting over this late. One coworker is months away and jokes about hoping for a layoff with severance. I keep telling him that luck never seems to work that way.

Wanted to share since everything is cyclical. Looks like we hit bottom on the labor market cuts. Should start turning around very soon. That’s not going to bode well for the tops attrition plans and current treatment of employees. So far they’ve managed to retain more people than they would like; however, with the market maybe starting an upswing, the talent is about to go to greener pastures with higher pay and better treatment. Going to lose the very people they would like to keep. The only thing keeping people here are waiting another year or two to retire (most people), the hangers on do nothings waiting for severance (no offense to you, but you know who you are), and the talent that’s stuck due to a bad job market. The last class of employee is the ones they don’t want to lose, but will be the first to go.

https://www.cnbc.com/amp/2026/01/08/layoff-pace-in-december-hit-lowest-level-since-mid-2024-challenger-says.html

Retire here
Can some one tell me if employees / retirees are no longer eligible for Star reward status ? I spent over the amount in 2025 to be platinum but I just noticed on my statement it says I need to spend 1200 more to maintain my status after 2/28/2026 . Did they change how it works for employees ? Or just the calendar of purchases made to move up a status ? I’m so confused ! As retirees we don’t get any information about changes or extra discount have to rely on here to get that info ! Thank u in advance!

65 yr old must retire in the next few months or severance will be forfeited. Can't afford to retire but hand is forced.

Why this push?

So again hoping all the managers that were riffed did okay with some severance it’s not a cure all but helps get em thru!!!On the associates union side assuming they want us gone .It does not sound like it will be an across board Eisp offer for everyone and anyone .It sounds like there will be one but it will be targeted.Unfortunately it would seem like since most of the associates are retirement eligible they won’t let everyone go at once.So if you need that little extra buyout cash to leave sounds like your gonna have to stick it out till your age or finance allows.Im assuming it sounds like they will probably agree on some sort of 3-4 year extension.So we have to assume they may actually not be prepared quite yet for the entire field work force to leave .Sad the company over last 20 years did not plan ahead .It makes no sense that our entire work force at this point especially in the physical field operations looks like a retirement home.If your 50 years old your considered a young boy in this place

For those recently displaced, how long did it take for you to be eligible to rollover your 401K from empower after your end date? As i understand it in your empower profile you have to be switched from "active" in terms of WF employment?

Is it better to vacation out or try to take the year’s worth of vacation before you leave?
I’m looking at the vacation policy and it says you can’t use vacation from previous year to vacation out. Anyone know how it works? Don’t want to ask HR because I’m not telling them I’m retiring yet

I realize this post only applies to employees who were hired before 2008, because they've changed the way our pension is being calculated going forward. I just got around to looking at my new pension estimate for retirement and it decreased 57%. My pension was the one last thing I've been holding on to; really the only thing that was truly keeping me here. Now seeing my new pension number, knowing that giving 20+ more years would only add a measley amount - I have no reason now. Cheers to a new year and hopefully a new job!

I'm part of this middle-aged surplus they've created. I'm too young to retire and too old to feel like I can start over. The future I planned for my family (the security, the college funds, the stability) is gone. I feel like I've completely failed them. I'm honestly feeling like I'm at my lowest right now.

You 4 day RTOers complained about not having enough parking and desk space. Well, all that is about to change. In the 1st quarter all of the inconsistents they've been handing out like candy will be used to cut thousands.

You heard that right. Thousands.

Then following that, the survivors will get the 5 day RTO or else threat. Those that violate the 5 day RTO will be PiP'd and fired.

The end game? As small of a SE Michigan salaried footprint as possible. And LCC replacements.

It's the new Ford. Where the vehicles will be assembled by American hourly workers, but designed by cheap foreign engineers. It's been moving that direction since 2019, and this will be the final blow to bring it all to reality.

Me? I'm retiring EOY after nearly 4 decades. I'm at a level that you can count on my knowing what I'm talking about.

GL2U all.

Do I have to pay the money back before the time I agreed to paid the loan back ?

Heard a rumor retirement packages may be offered next quarter along with a possible rift targeting MS in dmos5. Anyone heard anything?