All eyes are on GMC to see if they will take away YOURS. {All about health care for the people that have been retired for quite a while? You will be hearing from a lot more companies?
2007-09-25 06:47:42 · 5 answers · asked by Gypsy Gal 6 in Society & Culture ➔ Cultures & Groups ➔ Senior Citizens
My retirement is secure, was taken out of work retirement plan when I retired and converted to other securities..My company will pay my and my husbands health plan until I die..We pay nothing, nada, zero, zilch, no co pay for health plan..and yes I know how lucky we are..I worked part time for 33 years..
2007-09-25 11:07:46 · answer #1 · answered by jst4pat 6 · 0⤊ 0⤋
We believe our retirement package is as stable as anything that's in the hands of an investment adviser can be. By law, the pension is secure. Although our company makes our continuing health care available to the group plan, we pay the full premium now, but at this point it is only Medicare supplemental and prescription costs above deductible.
2007-09-25 14:56:13 · answer #2 · answered by felines 5 · 0⤊ 0⤋
I have my retirement plan in cash. Once I retire, I'll move it to a financial institution of my own choosing. My company is no longer responsible for me.
I like it this way as I don't want to bank my retirement on the health of the company I work for.
Now I'm just waiting for free gvmt health care so I can retire any time I want.
2007-09-25 15:11:00 · answer #3 · answered by Dr Jello 7 · 0⤊ 0⤋
US Navy retiree here. Pretty sure my retirement 'package' will last my life time. I also have 2 short term retirement plans from 2 unions...one for 5, one for 10 years for small amounts totaling over $300 - $400 a month.
2007-09-25 14:05:30 · answer #4 · answered by AmericanPatriot 6 · 0⤊ 1⤋
Three retirement plans. Investments and stocks. Yes, we will do just fine.
2007-09-25 16:47:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋