It would be interesting to see the demographics of the 31000 employees..
2 groups.... GRP (General Retirement Plan - 30 yrs) and FRP (Ford Retirement Plan -401K Based no
Everybody hired after Jan1 2004 is FRP and there is no 30 yr milestone.. Your retirement money is yours to take if you leave or get separated.
Historically..The GRP folks with 20+ yrs are given 6-9 months severance.
The Unicorn deal adds years of service to the folks that are near 30 yrs... I think that happened back in 2012...
Ford / NESC is not advertising the fact that the Lump Sum will decrease next year.
All that being said..
Give the 30yr folks a deal they will never get again... 1 yr pay severance.
The folks at 25-29yrs give them an option to buy their way to 30 yrs with 1 free year.
Create a Retiree Employment Pool so Ford can contract some of these folks to do critical tasks to avoid a bit drain of knowledge.