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Post by ktpframeking on Nov 6, 2019 19:12:24 GMT -5
Does that buyout remain available for the life of the agreement. If so when I hit 85 points in April, I’m outta here. Anybody know for sure. I can’t make it to the Q & A.
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Post by Ex-metalman on Nov 6, 2019 19:51:15 GMT -5
Hope so^^^.I have 2 more yrs for 85.If I go I’ll try to ask
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Post by 2011tier2 on Nov 7, 2019 18:45:20 GMT -5
Just went to contract mtg. Buyout terms(ie length of availability) aren’t finalized yet. They stated they wouldn’t be finished until after contract is ratified but would likely be similar to length of time the 2015 buyouts were offered, but couldn’t say specifically. It’s something UAW & Ford would negotiate immediately after. I believe the early retirement buyout was 120 days after ratification in t he 2015 contract but don’t quote me on that.
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Post by Ex-metalman on Nov 7, 2019 20:15:41 GMT -5
No then .Seems to me (not a genius)Ford would allow 60,000 for four year term.Lets day I can retire in 3 yrs but I wait til next contract for lump sum payment NOW they have to pay me ratification bonus PLUS lump sum payment.Unless there’s no lump sum because 93s will retire in masses?
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Post by remember1976 on Nov 8, 2019 9:53:52 GMT -5
Just went to contract mtg. Buyout terms(ie length of availability) aren’t finalized yet. They stated they wouldn’t be finished until after contract is ratified but would likely be similar to length of time the 2015 buyouts were offered, but couldn’t say specifically. On the last contract they all left in the spring. Everyone was out by May 1, 2016 |
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Post by nra4life on Nov 8, 2019 11:15:32 GMT -5
Just went to contract mtg. Buyout terms(ie length of availability) aren’t finalized yet. They stated they wouldn’t be finished until after contract is ratified but would likely be similar to length of time the 2015 buyouts were offered, but couldn’t say specifically. On the last contract they all left in the spring. Everyone was out by May 1, 2016 Yes will have everyone gone before June 1, or at least the people with June eligibility. Saves company $6k per. |
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Post by Ex-metalman on Nov 12, 2019 15:51:09 GMT -5
Asked if the 60,000 was for the duration of contract?Was told more info on that AFTER ratification vote?😂😂😂
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Post by 2011tier2 on Nov 12, 2019 17:37:13 GMT -5
Asked if the 60,000 was for the duration of contract?Was told more info on that AFTER ratification vote?😂😂😂 Sounds a LOT like that Nancy Pelosi quote about the ACA healthcare bill/law that was coming up for vote a few years ago.... “We have to pass the bill so that we can know what’s in it.” |
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Post by Ex-metalman on Nov 12, 2019 17:49:19 GMT -5
I would have to agree.Pelosi and the UAW go hand in hand
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Post by thisplacesux on Nov 12, 2019 20:00:23 GMT -5
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