I worked there for 12 years and am receiving $36K per year in pension. My salary and bonus met and exceeded the industry and I am very happy with the pension.
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anonymous
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anonymous
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They are assuming you will die score paying out the full value of your pensionThoughts on why J&J only pays the pension as an annuity and not a lump sum? Any chance this could change? If I retire I would much prefer a lump sum vs the annuity.
anonymous
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anonymous
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The pension will eventually go away for 2 reasons; 1) JnJ no longer cares about being the employer of choice, the new obsession is being "competitive" with other companies, 2) Greed.
anonymous
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anonymous
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anonymous
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The pension will eventually go away for 2 reasons; 1) JnJ no longer cares about being the employer of choice, the new obsession is being "competitive" with other companies, 2) Greed.
JBI New England got guaranteed we are excluded from that. It's just part of what "Being the best" is all about!
anonymous
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anonymous
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JBI will not be excluded from any changes and it is a small part of the total picture.
anonymous
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