Anyone able to get Special early retirement benefits under 50, but with almost 20 years of service?
2 replies (most recent on top)
Nope. Certainly wasn’t the case last year. A big reason the long tenured, non-retirement eligible folks are laid off is so PepsiCo can avoid paying those retirement benefits. Giving super early retirement benefits works against that.
22 years of service but over 50. Cannot talk about specifics (confidentiality clauses...) but in my case payments into the plans will continue for the duration of the package or until new employment is found.