Originally Posted by
mcdbirdman
If VEBA was only there for us guys under 53 to offset costs from 65 on and HRA was given to the over 53 crowd to offset costs from 60-65 WHAT was supposed to be there for the under 53 crowd from 60-65??? Inquiring minds want to know!!
The company was hedging their bets because they think we may have nationalized healthcare by then. And they didn't want to create the bridge for everyone if it was not going to be used. IE they didn't want to make the committment too early if it was not going to be a factor.
***And just a point of clarification... VEBA is for everyone not just those under 53.
Or something to that effect was the answer DW gave.