Thread regarding Raytheon Co. layoffs

Raytheon UTC Merger - are there any negative impact on folks collecting pensions?

Do you think this is an issue now?

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| 2342 views | | 3 replies (last December 6, 2019) | Reply
Post ID: @OP+118fwlTH

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Virtually irrelevant. Pensions guaranteed by Federal Govt agency up to a limit and very few if any retirees get a pension that high that limit is exceeded. If you doubt it, google it to confirm pension guarantee..

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Post ID: @1favy+118fwlTH

No impact if you are already collecting a pension - that would be illegal.

Combined company will carry more debt than Raytheon by itself and will have a lower credit rating, so very very small but higher risk of eventual bankruptcy which could impact pension.

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Post ID: @1cpgz+118fwlTH

How many pension packages are available?

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Post ID: @ivgo+118fwlTH

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