Today is August 8th....any news?
6 replies (most recent on top)
Happily retired so finally have time to think. Since BB&T made such a big deal about our total compensation [which included the 6 on 6 401k match and pension] so the could pay us less than market, could a legal case be made for substantial salary increase if those things are reduced or eliminated?
I’m beginning to think that someone throws this and rto when the clicks slow gotta get that ad revenue
Well, well, we'll. Looks to be a fake rumor. Thank God. To the troll who started this BS I hope you get fired from whatever company you for for.
You should ask yourself…Did Bill end the SunTrust pension in 2011…why YES he did. Does SunTruist keep cutting expenses…YES. At the expense of it’s employees…YES. Is SunTruist dying a slow death…YES. All the smart and competent employees and institutional knowledge have already escaped—-see Huntington Bank. YES. Is he positioning SunTruist to be sold so he can get another huge payout to pad his own pocketbook at the employees expense????
Um no, just like every other stupid rumor.
Yes, nothing is nor was going to happen.
The pension is funded for like 10 years without another bank contribution and it has a net benefit to P&L (e.g. it earns more than it costs)