Likely will soon see early retirement offer coming in email to those eligible - that's an easy way to begin to "streamline the workforce" per Bruce Broussard's announcement. I for one will take this next one....
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@4fip+1ffSQIn7- if they offer it during a RIF, they want to cut financial ties….why would they continue to fund you with no production coming from you? It’s easier to RIF, but it makes it your choice, not theirs.
You can COBRA, but that is close to $1000 a month for employee only coverage.
If you get what you want, good for you, but you may have drank too much of the kool aid from the free enterprise cup, not the corporate cup of the status and station of line workers vs management
@4fip+1ffSQIn7. You crack me up. Like that would ever be offered. Historically, it is the 2 weeks like the severance, for each year, unless you are in upper management and you gave a golden parachute….but, if you’re on here, I assume you’re not.
They did not offer an early retirement option. They offered an opt out option
Why didn't you take it 4 months ago?
I will qualify for early retirement this go round but unless they’re offering a substantial amount and not just two weeks for every year of service, I’m not taking it. Now if they want to provide health insurance until I qualify for Medicare, and a say some sort of large payout equating to 1/2 my salary until I qualify for SS, I might consider it.
Early retirement is based on how many years you have worked and your age…for example, if you’re 50, and you worked for Humana for 10 years you’d be “60”, if you are 50, and worked for Humana for 12 years, you’d be “62”, and eligible for early retirement…it’s your actual age, added with the amount of years you have worked, and that sum needs to be equal to or more than retirement age, which starts at 62
How old do you have to be?
what is the early retirement option?
Jealous!!!!!
Do you think they will announce layoffs and let us continue working the 60 days like they have in the past? I know they usually let people leave the position earlier. Wondering because they need to make cuts fast in order to redirect that $1 billion. Everything has to be up and going by October when open enrollment starts
It’s the same as the severance package
I will take it also :)