View Single Post
Old 05-26-2012 | 05:07 PM
  #101694  
orvil
Gets Weekends Off
 
Joined: Oct 2010
Posts: 922
Likes: 0
From: Decoupled
Default Happy Retirement

While we wish everyone a long and prosperous retirement, did we have to give up any negotiating capital in order to achieve the following?

Early retirement program
Targets maximum participation possible while maintaining operational reliability
Up to $120,000 in Retiree Medical Account
Up to 39 weeks of severance pay

Sounds great. I hope a lot of people can take advantage of the program. The Company will meter it's application. Thye won't offer it to everyone who appears eligible. It will be fleet specific.

The one thing we all share is the passage of time. Eventually every person who takes advantage of this program will be 65. There is no reason to give anything up for this inevitable event.