retiree dental plan

Heads up. Retiree dental plan is covered by Cobra. It lasts 18 months. If you retired on 12/31/2011, your current dental coverage will cease on 07/01/2013.

 

Just one more kick in the ass from good ole Pfizer. Beware younguns, if you're working and expect the pot of gold at the end of 25-30 yrs., think twice....it ain't gonna be there.

 

Seriously?
If you work 25 years for Pfizer and "earn" over 2 million and can't afford you dental bills.
You need to take a look in the mirror.

 

After taxes and expenses youll be lucky to be able to buy wooden teeth! Obama care is coming next year! Then Pfizer can say go buy your own ins.-we don't have to pay for yours anymore, you little robots.

 

Spot on. It never ceases to amaze that these knuckleheads who worked in this industry for 25+ years, expect these perks to be around forever. People-take your heads out of your asses, Pfizer don't care about you.

 

OP here. My intent was a heads up and discussion not a bitch session. With this said, after Cobra ends, I just learned that you will be offered a group retiree plan through Metlife at 2 different cost and benefit levels. While not quite as good as the pre-retirement program, they take the sting out of dental costs. The only thing is, you won't get that opportunity until a month after Cobra ends so - in my case, I had 2 fillings scheduled in July - so moved them up to June 27th. Just be aware folks and if you need more info, call HR source. They will review the info and transfer you to Metlife and they will review the 2 plans.

 

A retiree on social security with a couple of million in cash in the bank needs new chompers. My heart goes out to you. Should we set up a Caringbridge site for you?

 

HR Source.....yeah, right! They couldn't find their asses with a GPS.

 

MetLife "preferred" dental coverage for one person is $162 per quarter. Has a $75 deductible per year. Top limit of payout is $1,500. Pays 100% on cleaning, 50% on crowns and bridges, 75% on fillings- and remember this is up to $1500. And, how much do dentists charge???? Not the best, for sure.

 

I agree when it comes to determining lump sum retirement benefits but in all fairness, they did help me with this issue.

 

Not the best but not the worst. Sort of like a 'level pay plan' and then it takes the sting out of a crown. So if you need 2 crowns, get one, one year and the other one the following year.

 

You're lucky they let you retire. They usually pull you out when you get near to retirement age as part of one of their restructuring lay offs.

 

You're all behaving like socialists. The company doesn't owe you a damn thing once you've retired. It's up to you to fund your retirement and your healthcare. This is not Europe where people care about one another, share the wealth and there's a safety net. This is the USA - you're on your own. Spend your time figuring out ways to avoid paying any taxes like so many of the rich have achieved.

 

Cash is King. A cash business is the only way to go to avoid taxes (or at least you can play with the numbers) instead of being taxed to pay for the "masses."

 

Oh fuck you. When I was hired a pension and retirement health benefits were part of the package that was promised.

 

Not lucky, was with Wyeth vaccines when they bought us. Always had a top performing territory, always made my objective. I retired when I saw the stupidity of 2 price increases in a year just prior to adult licensure.

 

I stayed with Pfizer for many years due mainly to the pension and retiree health benefits which were always a part of my INCENTIVE package. You see.....these were INCENTIVES to continue with the company long-term and one day reap the reward. When these things change for those who elected to exercise the loyalty of staying with the same company, it's nothing short of disappointing.

 

I did that and was just fine. You then have to hope nothing surprising turns up later in the year. That's life, isn't it?

 

Many of us stayed at Pfizer for a career span. This was when we WERE PROMISED perks for being loyal, experienced, appreciated team members. It's too sad that so many employees today don't understand these concepts and are so bitter because of the lack of understanding and insight.

 

Yes. I could have moved on to another competitive pharmaceutical company on more than one occasion. I CHOSE not to, based on my accumulating retirement benefits. Would have been a fool to do so. Why? because these benefits were a promise of Pfizer for my loyalty and longevity.