Talk of The Villages Florida - View Single Post - IBM moves Medicare eligible retirees to Extend Health
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Old 10-27-2013, 05:24 AM
SemiMike SemiMike is offline
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DuPont went this same route a few years ago, and I have been OK with it so far. They offered a monthly payment (to support buying the Medicare-related plan of our choice) in lieu of their own coverage, which was basically financially neutral for us. This all seem to be part of the trend of companies seeking to fix their future-going costs - thus, the move away from pensions to "enhanced" 401k plans. If it keeps the company healthy, I am all for it. We say we wanted to be treated like adults, but then get upset when we are, as being asked to take more responsibility for our choices, as here.