Originally Posted by
ACMIguy
Very well put….Atlas is Atlas and will never change. If you’re going to be treated as a necessary burden you might as well be well compensated for it. And you are correct. I didn’t take into account the pension in addition to the 401k or the LTD. Atlas recently promised us LTD but from what I’ve heard are having trouble finding a provider willing to underwrite them. For years senior Atlas guys would medical out at 62-63 and eat up their accrued long term sick leave at 60% pay as a makeshift early retirement plan. Now that trend is coming back to bite us.
Very true, I hope the LTD does finally get thru, but a common sense guess on the “buy up” is that it will be astronomical. 401K battle going on, we’ll see how that plays out. Outfits remaining with any sort of pension is gold, pure gold.