If they really want to lower US headcount they'd get a little more creative. if they'd just bump me up/credit me the 10 years for the retiree medical. I'd take any EOI they'd offer. As is I'm 3 years years away and holding on for dear life.
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@a4 it's that gap from 50+ to 65 that it helps cover. Agree the post 65 isnt worth alot.
I wouldn’t count on too many more EOI’s as the new Performance Management ranking will take care of that problem. There “might” be one for 2027, but it will be much smaller. If you want EOI take it while you can.
Same 3 years to go. EOI where art thou?
@a5
Don’t disagree about any of that but just one part.
There is no “free money”; you earned that benefit if you worked for the company and satisfied the eligibility requirements.
Once you are no longer in the employee insurance pool, your monthly costs for private insurance will jump significantly. If you are over 65 it is mandatory that you join Medicare and pay both the premiums and IRMA, plus you need to purchase a supplemental plan. The Company retiree contribution doesn’t come close to covering these increased costs, it’s about $100 but it’s free money.
You must be 50 yo AND have 10 years with company.
Same but less than 3 years to go. Everything I’ve read on here its really not worth much. But you have the option to purchase and cvx might contribute $100 towards cost it’s definitely not free.