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First, this is not too surprising in today's economic climate. Most companies have eliminated pension benefits altogether, people better be doing thier own retirement planning...or old age will be a nightmare.
Sorry that Qwest took this path, but not surprised. It probably is minimal impact to those close to retirement age already, but for folks that have a lot of accredited years but still 10+ years from pulling the cord this will be a huge impact. Hopefully, there won't be an exodus of good talent that decide to leave based on the decision. CTG Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Pension Change
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come_to_gri... |
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2-Nov-09 07:09 pm | ||
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NOT a good sign, when you have to freeze pension ...
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STOCKUP98 |
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2-Nov-09 08:06 pm | ||
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Huh? Perhaps you have a myopic view?
Stric...
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come_to_gri... | (1 Rating) | 2-Nov-09 09:39 pm | ||
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pension change is pocket change... and n...
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foneguyunio... | (2 Ratings) | 3-Nov-09 12:41 pm | ||
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Obama is just like all the other po...
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come_to_gri... |
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3-Nov-09 02:41 pm | ||
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huh,,"Change? Really? Think ab...
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foneguyunio... | (1 Rating) | 3-Nov-09 04:55 pm | ||
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It does not matter any way frist an...
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csocorr | (2 Ratings) | 3-Nov-09 02:52 pm | ||
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absolutely !! ,, just slicky b...
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foneguyunio... | (1 Rating) | 3-Nov-09 04:45 pm | ||
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You got it and I agree with most of...
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morin669 | (1 Rating) | 4-Nov-09 09:12 pm | ||
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If this is so great for shareholders, wh...
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redhawk0205... |
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3-Nov-09 01:12 pm | ||
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Absolutely not true any longer and very,...
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morin669 | (1 Rating) | 4-Nov-09 09:04 pm | ||
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I bet they did not freeze the pensions or ben...
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faretz | (2 Ratings) | 2-Nov-09 10:11 pm | ||
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Means very little if they did or did not...
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wassduck | (2 Ratings) | 3-Nov-09 09:38 am | ||
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They did freeze VP and above. How m...
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onlyonekath... | (2 Ratings) | 3-Nov-09 10:21 am | ||
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Wassduck, I absolutely agree with y...
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morin669 | Rate it | 4-Nov-09 09:21 pm | ||
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Once upon a time... LONG, LONG AGO... employees de...
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git.er_dun |
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2-Nov-09 08:34 pm | ||
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Very True. Greed is the only thing that driv...
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wassduck | (1 Rating) | 3-Nov-09 09:34 am | ||
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No loyalty due to increase in bottomline gree...
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sphtr2 | (1 Rating) | 3-Nov-09 02:47 pm | ||
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Is the future a nation of recently arrived immigra...
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lavenderisi... | (2 Ratings) | 3-Nov-09 03:12 pm | ||
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I misspoke. The young woman is actually from...
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lavenderisi... | (1 Rating) | 3-Nov-09 03:14 pm | ||
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The sad thing is if our young kids don't get ...
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sphtr2 | (2 Ratings) | 3-Nov-09 07:40 pm | ||
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One of my employees said at a skip level meeting t...
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glad2beouto... | (2 Ratings) | 4-Nov-09 10:11 am | ||
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excellent perspective, when micro managing by...
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foneguyunio... |
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4-Nov-09 10:53 am | ||
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Sorry, but I am confident in stating that "today's...
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morin669 | Rate it | 4-Nov-09 09:27 pm |
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