What are your thoughts on the various retirement "point" thresholds? Is it worth it get achieve the benefits available at 75 points? 90 points? How are people viewing this and interpreting the guidelines?
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The stock grant vesting pro-rating changes from yearly to monthly at 75 points. So, if your grant vests 1/3 per year over three years, once you reach 75 points it is vested 1/36 per month over 36 months.
If you old hacks had worked harder and earned more you wouldn’t have to worry about getting a few bucks more on this retirement plan or that.
Spot on @1nsk.
Obtaining the 55 point threshold to be able to take the annuity at age 60 without penalty is good. Hanging on to get to 90 points for CVX to pay 100% of its portion of retirement health benefits is not worth it.
No @1fpp, you got the wrong site. Look over there you turd.
I heard that there is a forum somewhere where people discuss layoff related issues. Does anyone here know the website? I keep getting this one and it is obviously not it.
75 points is gone. You need to attain 90 points now. But don’t despair, by the time you earn 88 points, Corporate Benefits will move us all to 100 points. It’s the ‘carrot and the stick’ kind of thing.