Thread regarding ExxonMobil Corp. layoffs

Can pensions be terminated?

https://www.google.com/amp/s/www.washingtonpost.com/business/2019/09/09/your-pension-plan-benefits-may-not-be-an-ironclad-you-think/%3foutputType=amp

by
| 2311 views | | 7 replies (last December 31, 2020) | Reply
Post ID: @OP+18DicOsw

7 replies (most recent on top)

Yes pension will be gone in 1-2 years definitely.

by
| | Reply
Post ID: @3hwc+18DicOsw

Lump it out if you can.
Don't trust in the rust.
It never sleeps trying to $crew ya.

by
| | Reply
Post ID: @3nlo+18DicOsw

Many large cap companies have already frozen pension increases and new hires don’t get one

by
| | Reply
Post ID: @2qyy+18DicOsw

They can do away with the pension plan, the same way they did the 401K contributions.
But what you have earned is locked in, just no future increase to your plan.

by
| | Reply
Post ID: @1qer+18DicOsw

Are comments being removed??

by
| | Reply
Post ID: @1guo+18DicOsw

Anything is possible

by
| | Reply
Post ID: @1jmf+18DicOsw

Yes, absolutely. How soon can we propose pension removal to the board for approval?

by
| | Reply
Post ID: @eob+18DicOsw

Post a reply

: