ATTENTION: Legacy Wyeth 55+

pfizer and their inept stooge Fidelity will screw you.

OH, yes. And don't think they won't try. I received my lump sum and thought it was what it should be. Called some colleagues and we were all in the same ballpark. I called Fidelity and they confirmed the payout.
A year later, I was reading an article in a financial/ business magazine about companies screwing employees re: pensions and payouts with a link to a website. Went to it and ran the calculation. Guess what? I got screwed. Called Pfizer and Fidelity, and they swore on a bible and shook hands with God that it was correct. I hung up the phone, called a lawyer friend who requested a full disclosure of the calculations. Expecting the same one they sent originally.
Three weeks went by and nothing. The next week, a check for $95,678.37 arrived in the mail with a letter stating that after an audit, they had miscalculated my pension lump sum payout.
Was it the "audit", or did I catch them in a lie?
 
























Sounds like you got let go before you hit 55 and got screwed. Other than that not sure how they can rob you of a pension. Short you-maybe....completely rob you of what you are entitled to seems like a stretch.

There was a guy in the Vaccine division that had this happen to him. Got let go a couple of months before he hit 55 and lost a TON of money. The DM who did it to him was actually a legacy Wyeth guy-not a Pfizer turd so go figure. Why he didn't get a lawyer and sue is beyond me.
 












Another rate hike. Those under 55 looking at the calculator know they are screwed. If rates continue to rise how much lower will the lump go in 2,3,4 years. Above 55-the answer is easy....bye,bye. Not working for nothing!
 












You're a funny guy. I worked for Merck right out of college and retired from Pfizer after they bought Wyeth but never for GSK or ABBV. What this tells me is you folks don't have a life. You spend all your time trolling those 4 sites (MRK, GSK, ABBV and PFE) plus this one! 5 sites! I'm here and the Playground and Sports in college football season. Wow, be like me, get a life, Sparky.

Where are Hiliarys emails ?