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Old 08-01-2001, 11:22 PM   #10
Unit 5302
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Join Date: May 1999
Posts: 5,246
Angry

Quote:
Originally posted by Five0:

My mom had been working for AT&T for almost 30 years and was about to retire with full benefits when they sold universal card and she lost all her retirement and they would not give her early retirement after they found out that they could get away with giving her nothing she went with the sale to city bank and took a big pay cut. Repayment for almost 30 years of service.
Retirement benefits are fully protected by law. Nobody can legally touch them regardless of mergers etc. The only thing that can happen, I believe, is bankruptcy, in which case, your retirement benefits just stop growing.
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