I left just before NCM was rolled out in Chicago. I'm sorry to hear it has followed Merck's history of a 12-24 month average lifespan for field sales initiatives. What an enormously wasteful habit that your management can't seem to fix. I left after finding no credibility left in the company and everyone telling me I had to go through the motions and play some sick game to both do my job as well as keep it. No thanks.
As the other poster stated, check to see if you can start tapping into the pension at all. I know of a few former colleagues that were in their late 40's and displaced and bridged to retirement. All it meant was they can buy insurance through Merck as retirees. But they cannot touch the pension until they turn 55.
There is no government insurance asshole...the Federal Pension Gauarantee corporation only takes over when a company dumps its pension plan or it becomes insolvent! FPGC is a joke...the most it pays out is 52K/year no matter what your salary was and like anything else government its SOCIALIST leaning is huge! One airline captain got the 52K while baggage handlers (with no responsibility coming to work drunk etc) got 36K! Everything this friggin socialist government does today is about redistributing wealth..or as with the debt...poverty!
Anyone with a 52K/year pension is doing GREAT!
This is why our country will eventually collapse and become like Greece.
Government, civil service workers have a long reputation of cushy work, guaranteed employment, solid pay and big benefits for life...all for with work standards well below corporate America.
Who is paying the bill? Taxpayers.....including those without any pension and benefits.....and yep, many are in pharma and do not qualify for sweet 20 year pensions and benefits.
Big disparity. Who really are the haves and have nots? Me thinks those goverment workers win out hands down.
and if you are in some states, you'll notiec that public employees pay zero state income taxes on any of the pension $. don't ever let the public sector peeps say how tough it is for them. They do not have to save a dime for their retirement. they can spend every dollar they get, and then they'll get tax-free pension and healthcare for the rest of their life.
