J&J pension ending in December 2025

[anonymous]

Well stated and The Truth!

 

[anonymous]

I started with J&J in the mid 90's and it was a solid company. Sure, some lousy CEO's (think Weldon) but some that were decent (Gorsky at the beginning of his term). The latter transitioned to the most horrendous one yet (Duato). A poor transition to him added by a really lousy spin off of the Consumer business. Now a lousy CEO is running that business (Kenvue). J&J needs an activist investor to shake up their Board and get the company back to innovation. Current money grabbing robinhood mentality with Lawyers chasing dollars for lawsuits isnt helping. Maybe a new President will cure this recent trend of giving hand outs.

This summary is 100% on point! The Duato experiment needs to end. The Aldo experiment needs to end. MedTech currently is a f'ing disaster. Sure once talc lawsuit is resolved, stock may see a small uptick. More long term, the stock is going nowhere. If anything it's trending down. Wall Street will not stay patient much longer.

 

[anonymous]

This summary is 100% on point! The Duato experiment needs to end. The Aldo experiment needs to end. MedTech currently is a f'ing disaster. Sure once talc lawsuit is resolved, stock may see a small uptick. More long term, the stock is going nowhere. If anything it's trending down. Wall Street will not stay patient much longer.

100% Accurate! Duato is a Stop Gap. The experiment needs to end. Someone please get us on track.

 

[anonymous]

100% Accurate! Duato is a Stop Gap. The experiment needs to end. Someone please get us on track.

What do these comments have to do with the pension topic?

 

[anonymous]

Duato is NOT currently making J&J Great Again.

 

[anonymous]

I'll be here 29 years in November. I'm confused about the pension structure and can't seem to get a straight answer from anything I'm reading that J&J put out. I was planning to work until I'm 65. That will be after the new pension kicks in. If I choose not to retire when the new pension kicks in, will my current pension value be frozen and the 15% only apply to the years of work beginning in 2026 or will the 15% be used to calculate my pension for all 29+ years I worked?

 

[anonymous]

I'll be here 29 years in November. I'm confused about the pension structure and can't seem to get a straight answer from anything I'm reading that J&J put out. I was planning to work until I'm 65. That will be after the new pension kicks in. If I choose not to retire when the new pension kicks in, will my current pension value be frozen and the 15% only apply to the years of work beginning in 2026 or will the 15% be used to calculate my pension for all 29+ years I worked?

On Dec 31, 2025, your current pension will freeze and the 15% fake pension will apply for all service starting Jan 1, 2026.