Thread regarding Ford layoffs

Does anyone have an estimate of how many pension eligible salaried people are left ?

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| 1974 views | | 17 replies (last June 22, 2024) | Reply
Post ID: @OP+1sT7Xvq1

17 replies (most recent on top)

All of us HR people that view this website all day every day know this answer. But we are not permitted to share those details because it is confidential.

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Post ID: @gfwa+1sT7Xvq1

I don’t know the number, but I know that I am one of them, and my days are numbered. My boss has completely been targeting me over the past few weeks, and it seems 100% obvious where it’s going. I can’t go to HR, or I will certainly be retaliated against. It’s pretty much a no-win situation.

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Post ID: @gcgb+1sT7Xvq1

It's not available to view online. Under Forms and Materials, it's one of the documents you have to select and have sent to you. It's called "Annual Funding Notice -General Retirement Plan".

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Post ID: @4vix+1sT7Xvq1

the SCC post? It was not mailed to me and i'm pension. you're saying it's on mybenefits?

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Post ID: @4lyh+1sT7Xvq1

Yes, the doc is available on the Benefits website. It is made available to us every April. A copy is sent to the government as requested by law. There are multiple numbers to look at. Do some digging and you’ll find it.

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Post ID: @1dow+1sT7Xvq1

I did some digging in 2022 and the number was 25K....Seems they are in 5 yr groups..

20-25 YOS
25-30 YOS
30 and above YOS

The documents used to be located on the Benefits website and it takes a lot of digging to figure out where they are hidden.

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Post ID: @1tgw+1sT7Xvq1

Well, if Ford's Board of Directors are smart, they will name Dave Calhoun the new CEO at Ford. As you know Calhoun is Boeing's soon to be out of a job CEO. So, Dave's first order of business as Ford's new CEO will have the total number of pension eligible salaried people left at Ford drop to zero overnight on Calhoun's first day. You can also count on Dave destroying what's little left at Ford where they will end up filing bankruptcy during Dave's excellent leadership tenure.

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Post ID: @1czz+1sT7Xvq1

Look it up in Benefits Online. By law, the company has to publish a funding status annually. If you are part of the program, its mailed to you every year.

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Post ID: @pzh+1sT7Xvq1

Post ID: @oje+1sT7Xvq1

You are right on, as human beings, you and I need fresh, pure water to replenish our precious bodily fluids.

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Post ID: @sld+1sT7Xvq1

Covid vax is a bio we-pon.
If you believe otherwise please keep getting boosted.

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Post ID: @oje+1sT7Xvq1

@uav+1sT7Xvq1 that's the argument of someone that is wrong.

Note: These are your precious scientists pointing this out. Not conspiracy theorists.

History will not look kindly on these vaccines being forced.

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Post ID: @fgp+1sT7Xvq1

Post ID: @feu+1sT7Xvq1

Correlation does not imply causation, Sherlock.

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Post ID: @uav+1sT7Xvq1

@ejx+1sT7Xvq1

You sure about that, Sherlock?

https://www.yahoo.com/news/covid-vaccines-may-helped-fuel-051100916.html

Lawsuits to ensue......

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Post ID: @feu+1sT7Xvq1

About 8,000 to 9,000 active employees. It is part of the SCC docs.

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Post ID: @ftc+1sT7Xvq1

It has shrunk significantly over the last 5 years. Especially in IT. Obviously the goal is 0. You now have to have over 19 1/2 years of service to be eligible and that demographic is not very big anymore.

The upcoming layoffs will lower it even further. The usual retirement voluntary packages that follow will shrink it even more.

The jab mandate will also mean that the retirees won't live as long. Ford is 10-15 years from being on the winning side of the pension liability.

Now, can the company last that long?

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Post ID: @fpu+1sT7Xvq1

Sorry, I don't either.

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Post ID: @yhk+1sT7Xvq1

No

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Post ID: @anc+1sT7Xvq1

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