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xoxoxoBruce · 06-05-2009, 01:00 AM

Pension is vested after 5 years, I think that's the law now. So anyone with over 5 years (after all the layoffs that's probably everyone) would be giving up something, but reducing GM's future obligations. For a guy 35 or 40 years from retirement that $45k right now would be tempting.

06-05-2009, 01:00 AM	#329
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	Pension is vested after 5 years, I think that's the law now. So anyone with over 5 years (after all the layoffs that's probably everyone) would be giving up something, but reducing GM's future obligations. For a guy 35 or 40 years from retirement that $45k right now would be tempting. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.