My time here has clearly run its course. I’m burnt out, and I can’t shake the feeling of utter futility surrounding everything I do. But three of my colleagues were let go last year, and none of them have been able to find another job. Judging by all the signs, things are only going to get worse. It’s a total nightmare, being stuck in a job with no real options, barely managing to force yourself out of bed each morning just to show up.
15 replies (most recent on top)
@OP then leave
@ikf Lol, what kind of dunce makes their job their personality?
None of us at 3M care about the company, because the company doesn't care about us.
Also, learn to spell. I'd say you're just an HR bot, but bots can spell.
Looks like the looser started more threads. How sad, hopefully mommy will call it up for dinner out of the basement and it will stop for a while.
I've become a dead weight because I'm sick of doing so much more than half of my team for no recognition or reward.
Now I just do the bare minimum, and that's all they're going to get from me because there's no difference in post or performance review whether I'm working my a-s off or just doing the minimum.
Until the going being and getting results are acknowledged AND they pay me accordingly, they get what they get from everyone else.
Sad part is the knob jockey attention seeking troll will not leave 3M because they know they are one of the over paid dead weights. It (no idea what pro noun to use) could not find any position outside that would pay near what they are being overpaid here.
The same knob jockey attention seeking troll. Leave already.
You need a therapist, not a message board.
Sounds like you should write a song about it. You can order the world’s smallest violins on Amazon.
For portfolio 1, the pension reduction is 5% for each year early if you take it before your full retirement age. So if your full pension age is 62 and you take your pension at 57 instead, you only receive 75% of the full amt. You get that lower amt for the rest of your life.
Also if you get the boot at 55 or older but before you hit the bridge age, you will not get an $800 bridge ever. They were offering a $550 bridge instead as part of the layoff pkg in those cases.
@d5 the bridge is only beneficial if you expect to take the pension before age 62, after which, you lose it. If an individual can defer pension after 62 they are much better off than taking the bridge. Others have commented, getting to 55 and being able to “retire” is way better than not and getting a reduced pension at 65. Plus you get to keep your retiree medical account, better than nothing there…
55 as a milestone is huge for portfolio 1. Far less huge for portfolio 2. For 2 making it to 55 is just another 8% (I think) of that years salary in the fund.
55 opens up the ability to claim the pension, but that is true even if you left years before. Payments are reduced by a few percent for each year before the full retirement age.
One can read the pension documents or their own pension estimate to see the math.
For portfolio 1 the magic 92 (age + service) is big for the Medicare bridge payment.
Pensions are cool, but what about the rest is us who have to pay not only our own way but also sacrifice to fund the pensions of those who came before us?
They already stripped LTIP from us.
How long until they drive us all out? Will the pension still exist after they've split off all the BGs and there's nothing left but a holding company full of AI bots?
I’m not Varys but can vouch for age 55 being very important in the pension hurdles. It basically locks you in to your most reduced pension that you can qualify for. If 3M cans you before age 55, you’ll get some MUCH reduced amount on 3M’s terms starting at age 65. Given the choice, you’d be way ahead by passing on any buyout and waiting for those age 55 golden handcuffs. After that, it’s waiting for the next hurdles of pension growth and a Social Security bridge of $800 per month. These statements assume taking the pension as a monthly annuity.
@ag the real Varys can confirm but getting to age 55 is very important for pension. Good luck!
I am close to 55 and I and hoping to get the layoff package. I heard the recent procurement severance was quite good.