OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Pension loss is a real tragedy

Posted by Maya @ 1:17 on July 22, 2023  

A friend’s father worked the sugar cane fields and processing plant in Hawaii.  When it looked like the company was in trouble, he retired at age 62 when he was fully vested in the pension plan.  He got his.  His brother worked another six months, hoping to hang on.  The company went BK and the brother lost his job AND his possible pension at age 59.  Lost the house as he couldn’t pay the mortgage and went on welfare.  He was dead in a year of a heart attack.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.