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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 4415729"]Posted from Cafepharma, AZ pages:</p><p><br /></p><p>Quote:</p><p>Originally Posted by Anonymous </p><p>Already there. Retired and hoping AZ doesn\'t dissolve. </p><p><br /></p><p>I'm in the same boat, quite a few years retired, with a pretty good pension ($58, 000), and living pretty good right now (thanks primarily to my to my great 401K that was thrust on me by my original RDM upon hiring, in spite of my then doubts).</p><p>However, the possibility of our pensions being cut to the bone (by gov't insurance) is possible....but remote. The likeliness of AZ going bankrupt or out of business is non-existant in today's world. Company reserves are very good and the pension fund in America is strongly funded at this time. In case of a merger, or even a purchase by another company, our pension responsibilities will be transferred in full to the new company, protecting us in the future. Needless to say, anything is possible with AZ, but over-all things are a lot safer for those of us that are already retired than those who don't have a lot of tenure or personal reserves and are are still stuggling with the terrible problems that are happening now with our once great company. To those of you guys, we wish the best.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 4415729"]Posted from Cafepharma, AZ pages: Quote: Originally Posted by Anonymous Already there. Retired and hoping AZ doesn\'t dissolve. I'm in the same boat, quite a few years retired, with a pretty good pension ($58, 000), and living pretty good right now (thanks primarily to my to my great 401K that was thrust on me by my original RDM upon hiring, in spite of my then doubts). However, the possibility of our pensions being cut to the bone (by gov't insurance) is possible....but remote. The likeliness of AZ going bankrupt or out of business is non-existant in today's world. Company reserves are very good and the pension fund in America is strongly funded at this time. In case of a merger, or even a purchase by another company, our pension responsibilities will be transferred in full to the new company, protecting us in the future. Needless to say, anything is possible with AZ, but over-all things are a lot safer for those of us that are already retired than those who don't have a lot of tenure or personal reserves and are are still stuggling with the terrible problems that are happening now with our once great company. To those of you guys, we wish the best.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Lost Civilizations
>
Stuart Pharmaceuticals
>
pensions
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Lost Civilizations
>
Stuart Pharmaceuticals
>
pensions
>