Kelly King and Bumbling Bill made an agreement when Gargamel took over that he wouldn’t remove the pension for 10 years. Not sure if that was the day of the merger or the day Gargamel took over. But the pension will cease to exist in way less than 10 years.
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@5q2 like you are really going to see it. That’s hilarious.
What was “supposed” to happen means nothing. It was what was in writing.
Pension gone!
Does anyone know where to find the merger agreement? Would love to read that for the Pension stuff specifically.
I wonder what the merger agreement included about the Leadership Institute. I guess it’s fine to have something like that if you are a world class organization.
But if the trend is cutting benefits for your employees, a weak stock price, selling off profitable units like insurance, etc., and seemingly endless layoffs, how does that spend make sense?
Those two didn’t make the decisions. It was the team from each side who made the decisions the first being the MOE.
It’s already frozen for new contributors. Payout offer to existing will come soon.
Good thing I’m already vested
Okay, Gargamel got a chuckle from me.