Thread regarding L3 Technologies layoffs

L3 retirement annuity

https://www.pionline.com/article/20180129/ONLINE/180129868/l3-technologies-to-freeze-pension-plans

L3 Technologies Inc., New York, intends to freeze all of its salaried employee defined benefit plans, said the firm's fourth-quarter earnings statement.
Effective Jan. 1, 2019, its plans will no longer accrue annual service credit.
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Post ID: @OP+10Cvnoyv

3 replies (most recent on top)

At least for the Division Formerly Known as Communication Systems-East, they did not freeze the pension but they did cut the accrual rate.

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Post ID: @4fdz+10Cvnoyv

January 29, 2018 12:00 AM

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Post ID: @1krb+10Cvnoyv

Old news Jan 2019.

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Post ID: @uxd+10Cvnoyv

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