My grandfather worked for a company that laid him off like 2 months before he was set to retire and lost his pension as a result. They did that to quite a few management guys there. Something in their contract about getting a pension at retirement but there was a loophole where they didn't have to pay as he technically didn't retire and fulfill his contract. Pretty shady shit.anyone had a mom or dad get layed off at an old age?
That's fucked man. Good time to go postal imo.My grandfather worked for a company that laid him off like 2 months before he was set to retire and lost his pension as a result. They did that to quite a few management guys there. Something in their contract about getting a pension at retirement but there was a loophole where they didn't have to pay as he technically didn't retire and fulfill his contract. Pretty shady shit.
He was pretty bitter about it as I recall though I can't recall him actually ever saying anything to me about it. I was just a kid at the time.That's fucked man. Good time to go postal imo.
I just can't believe someone could get away with that. Seems like it could've been fought.He was pretty bitter about it as I recall though I can't recall him actually ever saying anything to me about it. I was just a kid at the time.
He lived right next door to the place too. When the workers there went on strike a few years later, he opened his house for all of them and they'd come over and have coffee and then they'd go back and picket. He was popular there. Good man. A lot of my family worked at that place before and after they did that to him too.
I haven't thought of that in years, its bringing back some memories for me.
Like I said, I was just a kid so there is likely much I'm leaving out of the story. I've heard it mentioned by my aunts and uncles a few times over the years though, the skeleton of the story is there.I just can't believe someone could get away with that. Seems like it could've been fought.
My grandfather worked for a company that laid him off like 2 months before he was set to retire and lost his pension as a result. They did that to quite a few management guys there. Something in their contract about getting a pension at retirement but there was a loophole where they didn't have to pay as he technically didn't retire and fulfill his contract. Pretty shady shit.
Well, I was like 6 years old when it happened and my grandfather has been dead for over 20 years. I never heard from anyone that anything happened but my grandfather getting shafted.There must be more to it. Otherwise thats lawsuit worthy. In my industry after 5 work years (not calendar years) of service you are vested in your pension. If i worked for 29.9 years and was laid off and they said sorry no pension id be dialing 1-800-call-sam in a blink of an eye.