Monday, August 24, 2009

Are TCP-1 folks being cheated?

Anonymously contributed:

Has anyone else compared their current retirement estimate under LLNS with the retirement benefit calculator at the UC benefits website for exactly the same conditions?

It seems the closer I get to retirement the more these two figures change, with the LLNS going down (for 50% spousal continuance).

Can LLNS change this with time, for instance as ERISA factors change?

2 comments:

Anonymous said...

"Can LLNS change this with time?"

Sure they can. Until a benefit has become fully accrued by an employee, almost anything can be modified by the employer.

Anonymous said...

Bonus checks in lue of a 20% raise after tax will screw the TCP-1 people even more. Bonus checks don't count when it comes time to calculate your retirement take home pay. Obamacare will put the icing on the cake. More money, more money, more money as you private care will be dropped for a better government insurance policy that LNNS will not have to pay for.

LLNS Contract discussion

SUGGEST NEW TOPICS HERE

Submit candidates for new topics here only. Stay on topic with National Labs' related issues. All submissions are screened first for ...