Many teammates received an email announcing we would be pension eligible starting Jan 1, 2025. This probably means pension will not be eliminated if they are expanding this benefit to new teammates.
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Or it means it has been 5 years since the merger closed…
Yeah keep that foolish optimism - it’ll be be bought out for pennies on the dollar one day. Billy will do anything he must to clean up the balance sheet, make Truist look better for an acquisition and cash his check - ELT only cares about themselves.
Anyone that has a pension needs to be vigilant. There is a recent trend for major US corporations to sell the pensions to third parties that may or may not fall under US jurisdiction and be outside the pension protection laws of the US.
You should be more worried about the pension being sold to a 3rd party like other major US corporations have done.
That is fantastic news. Thank you for sharing 🙏