#benefits

So, after getting the RIF, if you've been there less than 2 years, you will not be fully vested in the 401K program; if you've been there less than 3 years, you won't see the additional 4% so all that money you thought you were getting according to your Fidelity account is a complete joke.

Your account will show a "forfeiture" for the matched amount. I think some of this RIF mess is to avoid having to match folks' retirement contributions they tout so highly as a "benefit."

That this blog is senseless. All the talk about the benefits being slashed… woohoo… no such change! Things don’t have to be as bad as you make them.

Anyone else noticing this and is it normal for this time of year? I've received something biweekly for months, except lately. I'm wondering if this means anything.

Has anyone heard what premium increases will be applied to the Elevance Health (formerly Anthem) COBRA insurance for past employees (i.e., RIF'd)?

Elevance Health COBRA insurance is administered either by a third-party administrator (TPA) hired by the employer or by the employer's internal HR department. Anthem offers both COBRA (continuation of group health benefits) and benefits administration solutions, though it often partners with third-party administrators like Benefit Admin Solutions or Benefit Help Solutions to manage the administrative details of COBRA.

What does the package normally consist of?

I’ve heard rumors of 2 weeks per year of service.

STI

Cobra insurance.

I can’t change what’s happening but I can plan.

Thoughts?
We are paying RW how much to write his emails with AI?
Buybacks su-k and should be illegal.
“We don’t plan to cut benefits”. I’ll save that one also with the cr-p RTO quotes from years ago.

If you are a PBE freelancer on 24 Seven PLEASE reach out to them if you were laid off or are anticipating being let go. They told me to send them my personal email just in case I get locked out and my resume since they are a staffing agency.

You should also ask their HR about unemployment so you have it in writing you are eligible!! You technically do NOT work for Paramount or MTV you are a w2 employee for 24seven.

if you also are on their health insurance and get laid off you will lose benefits the end of that week but are able to continue with their premium plan plus a 2% agency fee.

I spoke over the phone with them directly because I found out we don't actually have deal memos stating our day rates/contracts which is very alarming and probably illegal and raised red flags about unemployment benefits. So every time your "contract" was up it was just to extend your email access and was made to seem like that was your real contract but it was not.

get everything in writing through email and take screenshots so you can protect yourselves!

HR@24seveninc.com
benefits@24seveninc.com

What do you think about the new PTO policy. 80 hours of protected PTO for sick time, the remainder for personal time off. The total PTO remains the same. Effectively reducing personal time off to as little as zero or 40 hours (5 days) for newer hires.

What are Dell paying out for Spain? Are they caping they payment at 12 months or is it more

Can the laid off employee “convert”/ buy the same coverage directly from insurance company that Target was using? Has anyone done this in previous layoffs? The advantage would be no medical test or other hassles and a plan that should be reasonable

For those of us who worked at Target long enough to have a pension account, how is that handled? How do we access those funds?

and yet our health care costs are going up above the inflation rate

Per the title, if you have or are in the process of retiring from Fidelity and meet the rule of 70, what date did you pick and why? I know to receive your profit sharing and RHR contributions, you need to be an employee as of 12/31. If you have shares and/or bonus eligible, it would likely be pro-rated for every other full quarter. So many retire in the spring and I don’t know if I’m missing something or did you just want warmer weather? 😊 TIA

Are out there trying to equalize any negative commentary.
Just one question: WHY would/does a union withhold pertinent contract information that negatively affects the same personnel they claim to be fighting for? This is what all the less tenured members are asking u die hard union folk now... you have let the union run amuck, sell you on a small incentive while throttling down 2 others? And then want to blame it on whiny b***hes for calling out the watered down benefits that are nowhere near what the original union contract started with...

Can we get food stamps right away or do we have to wait after we get our severance and 60 day pay and benefits?

I got lots of bills and little ones to feed

Good morning,

Thank you for joining today's webinar, and I sincerely apologize for the technical difficulties. This email will summarize the takeaway that's specific to you.

As I shared in the webinar, we have been doing work across the company to remove complexity and enable our organization to move with greater speed and agility. Through that effort, we've made the difficult decision to eliminate about 1,800 HQ and global roles.

I'm sharing today that your position is one that is being eliminated.

I recognize this is incredibly difficult news. We are very committed to supporting you through this transition.

While today will be your last day of work, you will remain on Target's payroll and be paid through January 3, 2026.

You will soon receive details about your individual transition package, including severance, benefits, and career support services. In addition, resources like Spring Health are available to support you and your family.

Later this morning, you will have the opportunity to join a session to ask questions and learn more. Our HR partners will also be available to support you directly. Please watch your email for next steps.

Thank you for the impact you've had during your time at Target. These decisions are never easy and I genuinely appreciate the commitment and contributions you have made to the company.

With respect and gratitude.
Melissa

For those who have been laid off, is medical coverage for your dependent(s) good through thre severance payments or does it only cover you?

Anyone who was let go willing to share what the severance package ended up being?

Got an offer from TIAA at either Frisco or Charlotte (my choice family in Dallas and Charlotte so relocation money out of my pocket is minimal) but already have a job at another retirement services firm. TIAA pays more and offers better benefits but still have a job that is stable for probably another year. Should I take this one or keep my current one? Glassdoor and other sites make TIAA feel like a dumpster fire especially compared to where I am now.

Also saw another post about FIS where I have some experience with and wasn’t sure but don’t want to respond to that post. Didn’t want to take the role and get laid off if they change RK system too soon.

For those 65+ in the HSA medical plan. If you have to cancel your HSA contributions 6 months before you begin receiving Medicare, then you are basically giving the company 6 months notice that you will be leaving. Am I right?

I don't understand if this is a good change, or bad.

My understanding: We will get 7 days for PTO in event of illness and the STD starts on Day 8. That is 26 weeks. Then no unpaid extended leave, correct?

What would be the underlying cause of such changes?

In the past we have 1x salary coverage for Basic Life Insurance covered by company. I do not see that for 2026. Am I overlooking it or did they take that benefit away?

If we get axed on Tuesday, our pay and benefits are through Jan 3. Anyone know what the severance package is? I’ve heard some say it’s 1 week paid for every year worked, others say 1 month paid for every year worked. And do we know if all of it is paid out in a lump sum? Do we get compensated for unused vacation time?

Everyone ready for the big changes coming for benefits? Going to be ugly with rates going way up, less PTO and freezing of the pension. RTW 50% of the time effective June 01, 2026. 2026 is the year I leave SF!

Has any division been required to sign away their Grandfathered compensation as part of the reorganization? (Bonus/Stock Options)

It was presented as a company wide initiative as a way to invest more labor in to stores.

I have a question over the benefits that Citigroup offers staff being laid off due to a Reduction In Force (RIF). I have heard that everyone keeps two weeks pay for each year that worked at Citigroup, but are there any other benefits offered as part of their package? What healthcare (medical) benefits are being made available? Only COBRA, or is does medical benefits continue for some time as part of the Garden Leave requirement? How about the bank annual 401K contribution, if I was to be RIF between November 2025 to February 2026, would Citigroup make any kind of contribution into my 401K in March 2026? Thanks in advance,

Starting a thread.
Medicare retirees will no longer have dental coverage as of next year.
Would they try doing this to current employees too?

As above. I just happened to notice it’s open (?) and ends mid Nov, as per uge.

I didn’t get an email nor I don’t think a snail mail.

They couldn’t possibly try to keep me from getting free bennies months into next year… or would they??

Adding insult to injury, got the benefits open enrollment flyer today on the mail.

When does health insurance end for those let go on 11/6

What a shame. Every year 1000s of companies renegotiate with insurers to cut benefits... Sick... Millions of Americans fight, every day, to avoid medicl bankruptcy. They pay taxes close to those in European countries with universal healthcare, yet get almost nothing in return. Healthcare +education are sooooooooo essential for a strong society. Still we Americans make sure both cost the most in the world (and reach the fewest)...

Benefits took a major beat down! Glad I filed retirement two months ago. Sorry to those who have been giving it all and can’t .

What happens if you are laid off while enrolled in one of those Guilded Learning programs paid by Target? Will they still pay for the course?

Retired EE.

Curious, has Mutual disclosed how much the health care premiums will be going up in 2026 and how much in dollars for individual and family plans for retires?

Noticed that Citi’s medical plan costs are rising significantly compared to other firms like Wells. For next year, the increase is around $380 per paycheck, which is substantial — even annual salary or bonus adjustments don’t seem to offset that jump

I’ve been hearing some wild rumors, and I really hope none of them are true.

Heard from a colleague,

What is that all about? Is it a positive or negative for UK employees?

Anyone else log into their savings and retirement summary page lately?

I see an alert/info icon that says “Need to initiate a 401(k) rollover to another company? If you are looking to withdraw your savings, you may want to consider rolling it directly into another eligible employer plan or an individual retirement account (IRA). You can learn more here or request a rollover if you are ready.”

Certainly making me more nervous. Is this a sign? Anyone else see this when you log into your benefits?

Let’s talk about those emails we’ve all been getting — the ones trying to “explain” why our paychecks are about to shrink. Apparently, because there’s an extra pay period this year, instead of actually paying us for that extra period, the company decided to stretch our annual salary across 27 checks instead of 26. Translation? Every single paycheck is smaller.

For a lot of us, that’s not just a minor math adjustment. That’s bills. That’s gas. That’s food. That’s medication. We budget every dollar, and now the dollars are disappearing — all because leadership didn’t want to “overpay” their own employees for the work we already do.

And as if that wasn’t enough, they’ve slashed the company’s contribution to our Health Savings Accounts too. It used to be $1,200 a year — now it’s $900. And you only get that full $900 if you match it yourself. So not only are they giving less, they’re making you pay to get it.

The timing couldn’t be more insulting. After docking our AIP bonuses this year — supposedly to “balance finances” — they somehow found room for executive bonuses that skyrocketed into the millions. The president’s pay alone reportedly doubled to over $25 million. So while the rest of us are watching our paychecks shrink, the top is cashing in on the sweat and exhaustion of the people who actually make this company run — the nurses, techs, and support staff who show up every day and take care of our members like they’re family.

And let’s not forget the cherry on top: instead of loading that $1,200 HSA at the start of the year when we actually need it, they’re now dribbling out $33 per paycheck. That’s $66.66 a month. I’m sorry, but I don’t need to see that number show up in my account every month — it’s bad enough without the symbolism.

We’re the ones carrying this company — not the executives, not the board, us. The ones working short-staffed, fielding calls, and doing the impossible day after day. And the thanks we get? Smaller paychecks. Less help. Less respect.

They tell us to “remember the bigger picture.” Well, here’s the bigger picture: without us, there is no company. No record profits. No executive bonuses. No “success stories.”

So here it is — loud and clear: stop taking from the people who keep you afloat. Stop cutting from the bottom to feed the top. You can’t preach “member care” and “employee appreciation” in the same breath you’re docking pay and slashing benefits.

We see what’s happening. We’re tired. And we’re done staying quiet about it.