Originally Posted by
dualinput
You lose any future retirement contributions which if you’re young is huge. You also take a 40% paycut with no opportunity to make outside money. If you took EIL last year and end up on LTD this year your forever benefit is based off that 2020 W2 so you get double F’d. Oh and you lose your health insurance after five years.
Way better than what we had and you’re still eating but let’s not pretend it’s a good deal.
I think he’s saying there is a lot of downside to being on LTD and to end up there for a reason you not only didn’t choose but were forced in to should carry some liability for the company.
I’m not saying it would be a good position to find yourself in. Just saying that if you lose your medical from long term complications of the Covid virus or the Covid vaccine or by getting hit by a bus there are options and you’re not thrown out on the street.
It would be nice if the company took on some of the liability if they do force this on us eventually. I also agree that we should try and negotiate a DC while on LTD during our upcoming negotiations.