Originally Posted by
Cioran
... I took the to-20-yrs, and to be honest kind of regreted it later on, but as I come close to retirement am again relatively pleased to be reaching the finish line with a retirement, but personally, with a little 20-20 hindsight, I wouldn't recommend that anyone sign away 10 yrs with the stroke of a pen.
I, on the other hand, took the 5-year bonus to keep options open but really planning to re sign again in 5 (working on the assumption many had that "the bonus will never go away.") Well, the bonus did go away - for my year group. Not much hiring on the outside then - so I stayed in, with the 25k / yr pay cut, and now here I am past 20 YAS. Hindsight: should've gone with the long-term contract.