Thread regarding Oracle Corp. layoffs

Pension

I know I'm probably being paranoid, but when and how would employees be notified of pension changes if they were to occur?


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Post ID: @OP+1m46ncewr

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Pension???? They are undereducated special agents. Wasting taxpayers' money here ;0);0);0);0);0);0)

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Post ID: @k0+1m46ncewr

What's a pension?

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Post ID: @eh+1m46ncewr

@e2 In general, no. Public sector people - local, state, federal - yes. Some copanies have them, usually negotiated by a union. Most pensions have been replace by 401k accounts.

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Post ID: @ef+1m46ncewr

Wait, Americans don't get pension??

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Post ID: @e2+1m46ncewr

@ab Maybe in Europe. Can't speak for Middle East or Asia, I know we don't in the Americas (unless some South American countries have them).

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Post ID: @d8+1m46ncewr

The employer pension contribution level is part of your employment contract so it would require you to willingly accept nee terms.

Employer contribution levels are already pretty poor.

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Post ID: @c5+1m46ncewr

No Pension, only tension

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Post ID: @ar+1m46ncewr

@OP Pensions? At Oracle?

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Post ID: @ab+1m46ncewr

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