#retirement

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Retired

Retired recently with no Ford Pension owed to me and as I was reviewing my career resume it was revealing to note a contrast between Ford and the other OEM I worked for.
Similar position, however at the other OEM it was a “3-person” job.
Inefficient and no-value processes are PD costs at Ford no amount of reorganization or chair-shuffling will alleviate.
To make matters worse, no one has the courage to say “NO” to a process or tool with little value.
Best wishes to all who remain at Ford.


Possible decision?

If I am chosen and plan to retire instead of move, what happens to my annual bonus for 2026? Is it prorated or nonexistent? In past years, it was prorated, but since the packages have changed, they don't address the topic. I could ask my AVP, but don't want to cause concern. They will get their 2 week notice.


What money buys you is priceless. It is the freedom to chose and leave anytime.

Here is my story. I made it 13 years at exxon before before quitting. No retirement for me except some of the pension lump sum. The lying a hole hr snake said I would not get anything but I got a little. I made several million dollars during my time at exxon and at my other company. I left with about 2.1 million in my 401k and a lump sum payout of only 230k. I left without any notice. I just stopped coming in to work. I truly hated exxon in the end and could not stand the supervisors and managers. The group was so toxic and gossipy. Eventually exxon sent me a letter of job abandonment and paid my vacation time. It was the best decision and feeling of my life. The money I made was more than enough for me to live on. I kept on working in order to get the medical benefit and higher pension payout but in the end it was not worth the pain and mental anguish. I was seriously thinking of working till 60 at exxon. I now travel the world visiting all of europe, Asia and south america. I got great medical insurance that is more expensive but better than exxon's was. I left in mid 2025 and my financial advisor has already increased my portfolio by almost 250,000 dollars. I live a very frugal life and have no payments as everything I own is paid off. I can live on as little as 2100.00 dollars a month. I so wanted to tell my supervisor to f k off and cuss them out but did not get the chance to. So in the end money was the key to my freedom and happiness. If you are miserable quit and leave before you suffer undue mental damage. This is my story and I hope it helps others who are going through the same he-l I was. I do not want to work anymore as exxon has ruined the experience for me. If I find employment that I can help and succeed in I may try. Good luck to all who play the game but remember the game is rigged at exxon. I had a horrible experience at exxon and hated every moment.


Is early retirement really bad?

I'm asking because my dad, who's been having some serious health issues, is refusing to consider early retirement because it would be - as he said it - a huge financial hit compared to waiting out retirement. Is this true? I have a feeling he's just a workaholic and is willfully ignoring his health because of it. He works at FIS.


BAU

Please continue working hard every day business as usual bringing in revenue to help support upper level retired management and perhaps one day you too shall travel first class, enjoy fine dinning, five star accommodations, fun toys and cosmetics. Thank you for your service.


The Real Housewives of FIS/Franklin Templeton Investments

In this week's episode, legacy FT staff are still applying for their old jobs at FT. Making it to an interview is impressive enough since no one knows what criteria is being used. If one actually does interview, it is with colleagues fresh off the FIS boat, well known to them. Awkward interview ensues. One is then treated to radio silence. It is essential to keep legacy FT staff on the phones at FIS to answer Retirement calls through the end of Peak Season. It would further appear that FT believes that putting interviewees in a holding pattern until the end without advising them of same is just fine. The bitter end is close enough for the remaining staff to be able to smell the severance. All the while FIS is furiously sending out emails pleading for volunteers for overtime. Imagine the fights Andy Cohen will have to navigate while filming the Reunion?


I've made the decision

Made it through the last round of RIFs but decided to retire if I'm not RIFed in 1Q2026. No reason to keep training people who can't follow instructions. No reason to have output that is ignored or manipulated. No reason to appease yet another new department "leader" who is begging to be propped up to collect a huge salary.

It is time to go. Fortunately for me, having been through years of RIFs, we saved CASH all along the way and have a few years salary in the bank. Health insurance taken care of too. Time to look for something new after a break from VZW. I had a good 24 year run.


Union Buyouts

Rumors are circulating about potential union buyouts being offered in January or February. Has there been any official communication regarding possible buyouts for union members? Many union technicians are ready to retire or pursue other opportunities, and a buyout would likely prompt them to leave.


VRP and 2025 Bonus

So, we need to confirm our participation in the VRP before 2025 bonus amounts are decided.

Seems to me that a manager would want to minimize bonus amounts for soon-to-retire employees and bolster those who will remain on.

Does anyone have any insight on how this is handled?


CWA retiree health benefits question 🙋‍♂️

Im 2 years away from the magic number 75=years of service + age min 50. Is it worth it to stay at VZ if you have a good opportunity offer with another company?

Will these benefits even be around in the future? Ill be 51 in two years theres no way i can stay here much longer. I heard the pension maxes out at 30 years service.


Labor Market Starting to Turn

Wanted to share since everything is cyclical. Looks like we hit bottom on the labor market cuts. Should start turning around very soon. That’s not going to bode well for the tops attrition plans and current treatment of employees. So far they’ve managed to retain more people than they would like; however, with the market maybe starting an upswing, the talent is about to go to greener pastures with higher pay and better treatment. Going to lose the very people they would like to keep. The only thing keeping people here are waiting another year or two to retire (most people), the hangers on do nothings waiting for severance (no offense to you, but you know who you are), and the talent that’s stuck due to a bad job market. The last class of employee is the ones they don’t want to lose, but will be the first to go.

https://www.cnbc.com/amp/2026/01/08/layoff-pace-in-december-hit-lowest-level-since-mid-2024-challenger-says.html


Star rewards changing for employees ?

Retire here
Can some one tell me if employees / retirees are no longer eligible for Star reward status ? I spent over the amount in 2025 to be platinum but I just noticed on my statement it says I need to spend 1200 more to maintain my status after 2/28/2026 . Did they change how it works for employees ? Or just the calendar of purchases made to move up a status ? I’m so confused ! As retirees we don’t get any information about changes or extra discount have to rely on here to get that info ! Thank u in advance!