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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 4838502"]I beg to differ. The GSK "Cash Balance" plan still pays out less than a traditional defined benefit plan. It is not a true "pension plan" as we would think in the context of traditional defined benefit plans. What you gain in portability, you lose in total lifetime benefits.</p><p><br /></p><p>GSK is forcing those over 65 to shop for a supplemental plan in the new exchanges. That is a fact and it has been announced to current employees.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 4838502"]I beg to differ. The GSK "Cash Balance" plan still pays out less than a traditional defined benefit plan. It is not a true "pension plan" as we would think in the context of traditional defined benefit plans. What you gain in portability, you lose in total lifetime benefits. GSK is forcing those over 65 to shop for a supplemental plan in the new exchanges. That is a fact and it has been announced to current employees.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
GlaxoSmithKline
>
Benefits
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
GlaxoSmithKline
>
Benefits
>