Thread regarding Ford layoffs

Capped pensions

As of 1/1/2020 Ford capped pensions at a max 35 years. People with more tan 35 years service continued to accrue until 12/31/19. People who have yet to reach 35 years pension service will continue to accrue until they reach the 35 year maximum.

Reposted from @134rHPPB-1niy for info.

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Post ID: @OP+136IfS8m

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What is the formula for pension? Years of service x ?

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Post ID: @4mkw+136IfS8m

If you cannot afford to make a living even after working for 35 years in same company then another 35 years won't make a difference :) CEO will walk away with millions and run your pensions to the ground...good luck to all :)

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Post ID: @2vbf+136IfS8m

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