Thread regarding ConocoPhillips layoffs

Look out for #1

Retired - 40 yrs.
Soc sec unreliable.
One BOD vote ends pension.
Invest in thrift. Increase withholding by 1-2% annually. Diversify.
Retirement is more than my pay!

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| 1741 views | | 2 replies (last August 8, 2021) | Reply
Post ID: @OP+1cbrAoKV

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And while all the benefits dry up the CEO and exec’s compensation continues to rise. Sick.

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Post ID: @3byp+1cbrAoKV

There is no pension for newer employees. COP stock has been a poor return on investment for 15 years now. The thrift plan is decent but they took away most of the investment options for SGL 18 and below. The benefits have been significantly reduced over time . Is anyone watching? No reason to stay for a career unless you are chosen.

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Post ID: @2zki+1cbrAoKV

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