Originally Posted by
Jetjok
As someone whose going to retire in the next year or so, I agree, but I'm wondering, for those of you who still have a lot of years to work, what would you be willing to do without, so that the company could or would enhance the pension plan with a COLA? The reason I ask is that COLA's are gigantically expensive, from the point of view of the person paying the COLA.
JJ
JJ -
I believe you have commented on this before, but can you please educate us again on the advantages/disadvantages of being on "long term disability" vs "retirement" for those who do not yet have 25 years with the company when they become disabled, but are retirement eligible without penalty (i.e. over 60 years of age).
I take it there is some reason you may choose to retire "in the next year or so".
Many thanks,
DLax