Is there any benefit in having 15 years with the company if you aren’t 55? I’m contemplating leaving, but I don’t want to lose out on any benefits by leaving before I hit 55.
4 replies (most recent on top)
Based off how I read your OP you’ll probably be PIP’d eventually. May as well bail.
@d5 Why your vocabulary is so small like your brain?PIP that's all you learnt ?whenever you disagree with something/someone PIP is the only thing comes to your mind
not really, you can just claim a personal milestone or achievement. Unless you are going to be 55 at your 15 years. Now if you will be 35, 40, 45 or 50 at your 15, won't make much difference. Probability of you getting PIP will go higher as you get closer to 55, highest being in the range of 50-55...
No step benefit. You get your due based on two following classes:
15 AND 55 (full retirement benefit eligibility)
otherwise number of years (doesn't matter how many) based money that was put away for you paid back (not full retirement benefit eligible)
Your lack of understanding one this basic means you need to be PIPed.