#retirement

So many people retiring early! Are people leaving voluntarily or are they being forced out?

To a years of service + age = magic number for full retirement pension, a lot would just retire without a severance offer. Looks like this would cost the company less and get the salaries off the books and onto the pension program. Then they could hire 2 for the cost of 1.

I left State Farm about 2 years ago and had only worked for them 8 years. Last week I got a letter stating they were buying out my pension based on ERISA and IRS guidelines and gave me a link to a web-site for more information. Did anyone else get this? Obviously I have to take the money and they gave me a deadline of September 15, 20025. Thoughts?

Just curious how many of us at Oxy are ready to retire and can, but find it hard to walk away from the job because of the pay and benefits. I am still able to perform at a high level, but the routine of waking up so early and then working all day seems to be getting old fast lately. I have no complaints about Oxy, but it just seems I have lost my drive to keep chasing it all. Anyone else find this happening after the age of 60? My current goal is to make it to the next bonus round, and cash in my stocks and take the final bonus and make 2026 my final year working.

You can add additional funds to your HSA, above what you may have withheld, and transfer them to an investment account. Granted the investment account options from HSA Bank are limited but after separation from the company you can transfer those funds to Fidelity or some other account where you have a lot of investment options. This money is yours to keep and grows tax free and is not taxed on withdrawal IF used for allowed medical expenses.
When taking early retirement in 2018 my account was $53000. I paid Cobra health insurance premiums and later my Part B Medicare premiums using the HSA. Now in 2025 my HSA balance has grown to $90000 despite these significant withdrawals. (Note that withdrawals for normal health insurance premiums such as Obamacare or supplemental Medicare insurance premiums are not tax free.)
If you absolutely need the money you can withdraw it and pay the taxes, you are free to use it as you see fit.

For the legacy Wachovia retirement plan after you’re laid off how fast does it get paid out if it’s under a certain amount?

Most of the research employees are great but useless to the company’s bottomline. the projects are outdated. they do no real work.

why can’t we just shut our research companies once and for all. there is no technology in the world that a vendor cannot offer better services from than our current employees who are hanging on for retirement? its a genuine question m, does anyone know whats the reason we still have semi decimated research teams?

With age plus years of service equal full retirement pay as if you worked to age 62. Get these old timers out of here and off the books and onto the retirement plan. That's way cheaper than paying them to hang on till 62.

After reading these posts and the moral crushing from leadership, I am so glad I retired when I did. Besides a great severance and now being richer than sn-t, I no longer have to put up with endless layoffs and outsourcing to other countries. Best decision I ever made.

There's been a lot of discussion about EJ potentially going public or being acquired.
I don't want to spark a debate on whether it will happen, can happen, or if it should happen.
I'm just curious about what will happen to the LPs? This was one of the benefits many of us were relying on for our retirement.

Some of my colleagues confirmed last day 9/30/25. Most are ready to retirements

How have the hiring trends been at the firm lately or is there still lots of retirements and attrition ? So glad I took the lump sum at the end of 2021. Hope the pension gets funded and restricted lump sum is not on the horizon.

ive been here since STK. been working from home the last 5 years. Hardware service calls have dropped a ton. Took a service call Maybe once per month. Was planning on retiring at the end of the year. Mad as he-l that they picked me off. BUT if I left at the end of the year, i would have walked away without severance. This way I got the package. I wanted to leave on my own terms. Still Mad!!!

Got laid off last week, never seen one this bad, but I and many talented co-workers got swept up in this mess. Oracle really sc--wed up imo. It's really soured me on the tech industry. I'm in my early 50's, ~$4 million net worth, wondering if I should try this rodeo again, or just be done with it - go find something more meaningful to do (earning far less money) and just enjoy life. What would you do?

I work in a back office operation (50K-plus, no bonus, no client facing). If I just up and quit with no notice (other than on the day via letter, per se), there’s nothing they can do, right? What happens if you quit BEFORE using any vacation days? I am quitting with a view toward retirement/no more work.

I retired from CoP about 6-7 years ago, my time there was great, great team work and collaborations, good projects and great people. The management was less than desirable in Houston. I went through about 9 layoffs in 13 years. I EOI’d on the last one about 2018 and retired. The story keeps repeating itself over and over again. ConocoPhillips is a layoff company, period. Th

If you make $100k a year you will need $1.5 million to retire

https://youtu.be/lkOQNPIsO-Q?si=criEe4NpyKWGxNqE

Smartsheet CEO Mark Mader retiring; Apptio co-founder Sunny Gupta will take over enterprise giant as “acting CEO.”

https://www.geekwire.com/2025/tech-moves-icertis-names-new-ceo-as-samir-bodas-steps-down-smartsheet-adds-security-leader/

Has anyone here ever rolled your #retirement / #401K stock into another account? What did you do with your #gold goose

If so, was it a good move? I left a few years ago and need to do something with my account!!!

I have ZERO #confidence in the company. Sorry...

Does Halliburton have a #pension plan or some other #retirement option (aside from a classic 401k)