Can one retire without informing the employer?

[debbiedowner]

Not in the work world. It's dog eat dog.

Not good to burn bridges at age 54.

 

[initforme]

Not good to burn bridges at age 54.

Beats working g. Of course what doesnt?

 

[Anathema]

That wasn't the case with my employer. I am collecting my union pension and I gave just three days notice of my retirement.

Excellent for you. Glad to hear it.

Personally, I prefer the 401K with match. It is mine. My union pension went insolvent a couple years ago and now I get a severely reduced benefit from the PBGC. Union pensions are notoriously mismanaged as are many company-managed plans.

I have no use for the 401K, with or without match. Our pension is based on the average on the best 5 of our last 10 years salary. So as you can imagine the closer you get to retirement the more likely folks are to eat up the overtime.

 

[Concerned American]

Excellent for you. Glad to hear it.

I have no use for the 401K, with or without match. Our pension is based on the average on the best 5 of our last 10 years salary. So as you can imagine the closer you get to retirement the more likely folks are to eat up the overtime.

I've seen those plans before--usually for government employees. In the private sector, they sound good until the sponsor is incapable of paying them anymore. Then you get a close relationship with the PBGC and a big cut in your benefit.

 

[Anathema]

I've seen those plans before--usually for government employees. In the private sector, they sound good until the sponsor is incapable of paying them anymore. Then you get a close relationship with the PBGC and a big cut in your benefit.

Thankfully large utility companies generally remain financially solvent.

 

[Concerned American]

Thankfully large utility companies generally remain financially solvent.

Usually the next best thing to the government. LOL, PG&E is kind of sketchy though.

 

[initforme]

Usually the next best thing to the government. LOL, PG&E is kind of sketchy though.

Utility workers are way underpaid. Their wages should go up nicely.

 

[Concerned American]

Utility workers are way underpaid. Their wages should go up nicely.

Sure, equity, eh? ROTFLMFAO

 

[initforme]

Sure, equity, eh? ROTFLMFAO

Nope. Why are you against highervwages?

 

[initforme]

Why the disdain for laborers?

 

[Maxdeath]

Nonsense.

Way to debate and refute

 

[initforme]

He did it!!!
So Proud of him. He wasn't on that plane headed across the country. I a
Sked him who went to meet with that client and he replied " who cares". Man I couldn't ve prouder of my kids.