https://www.pionline.com/article/20170417/INTERACTIVE/170419916/the-funded-status-of-corporate-pension-funds
Get rid of _ucking Dave Ricks now!!!! He’s the f_ckhead that offered the VERP a couple of years ago!! He’s to blame for this! What is I want to retire, do I only get 81% of my pension?? Who knows the answer to this?
It might be time for Lilly pension to be offered as a lump sum. Many companies are adopting this employee choice as it is good for all.
Never accept this, before talking to a laywer/accountant/both. Lilly continues its redneck stick-it-to-the employees ways
If it’s underfunded, it will only affect those employees that will retire years from now. All you GenXers and Millennials aren’t getting much in a pension. Besides, layoffs will be happening sooner than later.
I’ll bet some people wish they had just taken the early retirement instead of giving into their greed. That will be a kick in the balls when the plan is bankrupt at their retirement
F BOOMERS Destroyed everything with their unbelievable greed and unwillingness to ever give up a thing. The world is desperately waiting for your departure
It’s probably because they offered a VERP and many took it a few years ago. A VERP isn’t going to be offered a next go around! Lily definitely needs to clean house and downsize! It’s not necessary to have 2 reps per territory.