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Post by remember1976 on Mar 31, 2020 15:03:40 GMT -5
Ford CEO Jim Hackett told the press that he does not foresee production resuming in assembly plants before May.
I retire on May 1st regardless. So I probably saw the inside of KTP for the last time two weeks ago.
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Post by Ex-metalman on Mar 31, 2020 16:08:26 GMT -5
Congratulations!!!!!
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Post by thisplacesux on Mar 31, 2020 16:14:47 GMT -5
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Post by readyandaimedatyou on Mar 31, 2020 16:32:56 GMT -5
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Post by Ex-metalman on Mar 31, 2020 17:22:45 GMT -5
I’m thinking he’s talking about SALARIED folksHe also says possible work 3 weeks and then work 1 week W/O pay.I know he ain’t taking about us.Im still hoping for buy outs and early retirement
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Post by beenaround on Apr 1, 2020 6:12:44 GMT -5
They just offered buyouts during the contract.  ?? |
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Post by nra4life on Apr 1, 2020 7:29:29 GMT -5
They just offered buyouts during the contract. ?? Alot of people were close on points, few extra months give some people the added points needed. Original buyout you have to be out by certain dates, also they buyout money may be increased or maybe even add the “holy grail” buyout....sit at home for 2/3 years, collect a paycheck, and then retire with your 30. That’s the one that will get me to walk. Stay safe people. |
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Post by Ex-metalman on Apr 1, 2020 8:16:03 GMT -5
What he said^^^^.Not 60,000$ .
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Post by beenaround on Apr 1, 2020 17:19:17 GMT -5
They just offered buyouts during the contract. ?? Alot of people were close on points, few extra months give some people the added points needed. Original buyout you have to be out by certain dates, also they buyout money may be increased or maybe even add the “holy grail” buyout....sit at home for 2/3 years, collect a paycheck, and then retire with your 30. That’s the one that will get me to walk. Stay safe people. Yea I understand what you are saying. Ford I do not believe will offer a huge buyout just to get rid of people at this point. The number of legacy employees has dwindled to a small number relative to the number of active employees. They are well aware of the age of all current employees. They will retire soon enough regardless of buyouts. |
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Post by Ex-metalman on Apr 1, 2020 17:24:22 GMT -5
Alot of people were close on points, few extra months give some people the added points needed. Original buyout you have to be out by certain dates, also they buyout money may be increased or maybe even add the “holy grail” buyout....sit at home for 2/3 years, collect a paycheck, and then retire with your 30. That’s the one that will get me to walk. Stay safe people. Yea I understand what you are saying. Ford I do not believe will offer a huge buyout just to get rid of people at this point. The number of legacy employees has dwindled to a small number relative to the number of active employees. They are well aware of the age of all current employees. They will retire soon enough regardless of buyouts. Not really!There we’re 3200 or more eligible employees only 350 took it..That leaves 2800-2900 .Thats a very large amount of employees.A total shift in all reality..PLUS most of the 93s I know are under 50 now and act like they’re poor?So I see a lot staying at least 4 more |
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Post by fordlapworker1993 on Apr 1, 2020 17:32:44 GMT -5
Yea I understand what you are saying. Ford I do not believe will offer a huge buyout just to get rid of people at this point. The number of legacy employees has dwindled to a small number relative to the number of active employees. They are well aware of the age of all current employees. They will retire soon enough regardless of buyouts. Not really!There we’re 3200 or more eligible employees only 350 took it..That leaves 2800-2900 .Thats a very large amount of employees.A total shift in all reality.. Are you talking Ford wide? I couldn't have took the buyout if I wanted to |
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Post by Ex-metalman on Apr 1, 2020 17:36:15 GMT -5
Me too dawg.In talking KTP..Thats what my letter stated.The one they sent me every 2 weeks
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Post by nra4life on Apr 1, 2020 18:44:23 GMT -5
Not really!There we’re 3200 or more eligible employees only 350 took it..That leaves 2800-2900 .Thats a very large amount of employees.A total shift in all reality.. Are you talking Ford wide? I couldn't have took the buyout if I wanted to Almost every legacy employee in the plant was eligible for the buyout |
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Post by nra4life on Apr 1, 2020 18:46:01 GMT -5
Alot of people were close on points, few extra months give some people the added points needed. Original buyout you have to be out by certain dates, also they buyout money may be increased or maybe even add the “holy grail” buyout....sit at home for 2/3 years, collect a paycheck, and then retire with your 30. That’s the one that will get me to walk. Stay safe people. Yea I understand what you are saying. Ford I do not believe will offer a huge buyout just to get rid of people at this point. The number of legacy employees has dwindled to a small number relative to the number of active employees. They are well aware of the age of all current employees. They will retire soon enough regardless of buyouts. I won’t leave then, makes me no difference. Looking at a shit ton of down time at least for the next year, Pay my ass to sit home I don’t care. |
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Post by Ex-metalman on Apr 1, 2020 18:54:51 GMT -5
Not me.After this crazy virus shit I just want to live and travel.Want what 25yrs deserves though.2023 I’ll be gone for sure,but would rather leave during these tumultuous times
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Post by fordlapworker1993 on Apr 1, 2020 19:25:12 GMT -5
Are you talking Ford wide? I couldn't have took the buyout if I wanted to Almost every legacy employee in the plant was eligible for the buyout Lol bullshit! A lot more would have took it if that was the case.....metalman for sure |
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Post by Ex-metalman on Apr 1, 2020 19:29:02 GMT -5
Check out Allen’s tweet from 2-12..Clearly shows the eligible employees and how many took it.I COULD of taken it I’m 56 yrs old with over 10 yrs seniority (25)..not enough for me.
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Post by nra4life on Apr 1, 2020 20:24:31 GMT -5
Almost every legacy employee in the plant was eligible for the buyout Lol bullshit! A lot more would have took it if that was the case.....metalman for sure Anyone aged 55 or older with the 10 years was eligible for (SRI), probably 75% of the legacy people Also any legacy employee with 1 year of service or more was eligible for the (STEP) $60k |
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Post by nra4life on Apr 1, 2020 20:29:28 GMT -5
Check out Allen’s tweet from 2-12..Clearly shows the eligible employees and how many took it.I COULD of taken it I’m 56 yrs old with over 10 yrs seniority (25)..not enough for me. Just turned 55 few weeks ago and have almost 28 years. Your in the same boat as me, not enough points, and not worth the reduced amount leaving a couple years early. They will either pay me and give my my credits or I will sit and wait. Makes me no difference at this point. Stay safe |
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Post by fordlapworker1993 on Apr 1, 2020 21:06:15 GMT -5
Lol bullshit! A lot more would have took it if that was the case.....metalman for sure Anyone aged 55 or older with the 10 years was eligible for (SRI), probably 75% of the legacy people Also any legacy employee with 1 year of service or more was eligible for the (STEP) $60k You can't go by that you can count on 1 hand maybe 2 that would take the buyout with less than 30 years |
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Post by fordlapworker1993 on Apr 1, 2020 21:08:12 GMT -5
I didn't see what Allen posted but he should have never put those numbers out. Majority will not leave without a full pension. How many could actually take the buyout with a full pension?
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Post by Ex-metalman on Apr 1, 2020 21:18:14 GMT -5
Send me your phone number and I’ll forward the paper.Its 2/12 Building Chairman mins.Twitter.Theres a lot of folks that will leave for a decent offer.Mine was the 60,000$ and 1400 a month til 62 then it goes to 900.Cant do that.If I sit til 23 I’ll get 2600 a month til 62 then it goes to 1350+ 1670 SS.I can do that.But if they offered a lump sum over 100,000 I may be tempted to try it.
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Post by nra4life on Apr 1, 2020 21:21:32 GMT -5
Anyone aged 55 or older with the 10 years was eligible for (SRI), probably 75% of the legacy people Also any legacy employee with 1 year of service or more was eligible for the (STEP) $60k You can't go by that you can count on 1 hand maybe 2 that would take the buyout with less than 30 years I said almost every legacy in the plant was eligible, you said billshit, I just showed that they were. Now your asking a different question about how many have 30 years. |
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Post by Ex-metalman on Apr 1, 2020 21:35:04 GMT -5
3320 eligible employees as of 2/12/2020,330 ended up taking it so?Betting they want more 🙏
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Post by fordlapworker1993 on Apr 1, 2020 21:52:16 GMT -5
You can't go by that you can count on 1 hand maybe 2 that would take the buyout with less than 30 years I said almost every legacy in the plant was eligible, you said billshit, I just showed that they were. Now your asking a different question about how many have 30 years. You're right I apologize! I didn't realize that many could but majority won't because they don't have 30 years |
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Post by fordlapworker1993 on Apr 1, 2020 22:08:37 GMT -5
3320 eligible employees as of 2/12/2020,330 ended up taking it so?Betting they want more 🙏 I heard they are going to open it up more for skilltrades because a lot signed up but couldn't get the buyout so they backed out. I'm talking Ford wide tho not just KTP |
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Post by beenaround on Apr 2, 2020 6:10:29 GMT -5
There were only 2 skilled trades eligible for the buyout. 77 seniority is what it took to get one. There was only 200 available Ford wide.
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??