Originally Posted by
CBreezy
Nothing to see here folks. He wants us to negotiate a cash-out payment for him to the tune of hundreds of thousands of dollars but whenever you ask him how much worse off he's going to be retirement, he calls you a surrender monkey and that we wouldn't have jobs if it weren't for him. Facts don't exist in his world. The only thing he cares about is his money grab as he walks out the door. Don't let him try to fool you with his unity BS
Money grab is correct. New and people with many years to work don't be fooled. If you cash out folks with with lost pensions with a cash out/catch up lump sum based on a negotiated contractual retirement increase who's taking all the risk that we keep the keep the contractual gains over a career? Esop and pensions went away when the company needed the money as will any retirement contribution in the contract that the company pays if we have a downturn. If we get 25% it won't last in the next downturn i.e concessions but senior folks will have got their money and we'll be holding the empty money bag. Don't be a fool and think we'll never have a downturn.