Is it true what people are saying when it comes to Honeywell pensions. I retired last year and have been told once the spinoff is complete and they no longer use the Honeywell name or Hr Department they will not be paying out on Honeywell retirements any longer
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You better hope that the government doesn’t cut that program
If it’s the USA and not a union multi-payer pension it’s guaranteed by the PBGC. Ask ChatGPT about it
The obligation for the pension could got to the spin-off. If you’re in the Aero pension system but work in Specialty Materials and go with the spin then it may end but the benefits to that point are yours. Ask ChatGPT about it as well as HR help line
Once I retire Im pulling mine and investing it per my finance since I can build more off of it. Plus with the spin offs who knows?
Nothing in stone yet. info on benefits not released and wont be for a few more weeks. I would call and ask though incase you missed a comm.