Jump to content

Retirement


cecilmeyer

Recommended Posts

Welp.... CAP and retooling? At this time the so called retooling is scheduled for "one" month in 2019. There will be a run on hiring at CAP from the middle of this year thru the end of the year. CAP needs all kinds of trades members also.

 

So any retirement packages are not really looking good at CAP.

Link to comment
Share on other sites

I just got my new benefit book. Am I reading this right? My pension benefit is reduced if I retire before 62, regardless of how many years I have?

Only if you have less than 30 years. If you have 30 it does not matter what age you are. You get a supplement till you turn 62 after that the supplement drops off when you can collect social security.

Link to comment
Share on other sites

Welp.... CAP and retooling? At this time the so called retooling is scheduled for "one" month in 2019. There will be a run on hiring at CAP from the middle of this year thru the end of the year. CAP needs all kinds of trades members also.

 

So any retirement packages are not really looking good at CAP.

Thanks for the bad news!! Many other plants are getting them so I thought maybe CAP might .Ill just have to wait it out.

Link to comment
Share on other sites

Thanks, I thought the poster was trying to say that new offers had surfaced.

Maybe at some other point this year but I dont think it will be offered at any plants other than what I mentioned. Since they worked out the shift reduction at MAP, nobody is operating on a surplus of workers right now. Theyre trying to get the older higher paid people out of places like Woodhaven and Rawsonville to make way for more lower wage tier 2 workers.
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...