  Bvos Member Username: Bvos Post Number: 1621 Registered: 10-2003 Posted From: 66.238.170.33 |
Wow! This will dramatically alter the job market in Michigan and the Detroit area. Anyone have any thoughts as to what these newly retired folks will do with their time? Become business owners? Go back to school? http://freep.com/apps/pbcs.dll /article?AID=2006606270305 | ||
Gravitymachine Member Username: Gravitymachine Post Number: 1144 Registered: 05-2005 Posted From: 198.208.159.18 |
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Merchantgander Member Username: Merchantgander Post Number: 1964 Registered: 01-2005 Posted From: 150.198.150.244 |
You will actually see a boost in Michigan's economy because of all the buy outs. This will be similar to large bonus checks workers received during the good times. Michigan economy always received a short term boost during bonus check time. | ||
Wash_man Member Username: Wash_man Post Number: 25 Registered: 05-2006 Posted From: 69.221.80.238 |
As an employee of an automotive supplier, I feel threatened by this sudden glut of available employees. In the past I have seen other companies more than willing to hire these "retirees" and displace current workers. Some of them are only in their early fifties and don't need health care from a new employer since they are covered by GM. Employers love to hear that an employee doesn't need health coverage. | ||
Bvos Member Username: Bvos Post Number: 1623 Registered: 10-2003 Posted From: 66.238.170.33 |
Never thought about that side of things Wash_man. That is very, very true. Employers looking for employees that don't need benefits is happening everywhere in all sectors. | ||
Ndavies Member Username: Ndavies Post Number: 1961 Registered: 10-2003 Posted From: 129.9.163.105 |
wash_man is correct. I've seen people retire from here. They retire on Friday and show up the following Monday working for a contract house. Same desk, same job, different employer. Retirement pay, retirement benefits, plus a contractors salary. | ||
Livernoisyard Member Username: Livernoisyard Post Number: 951 Registered: 10-2004 Posted From: 69.242.223.42 |
It's common for Michigan's retired to move to better climes, especially during the colder months. Expect more of the same... | ||
Warriorfan Member Username: Warriorfan Post Number: 427 Registered: 08-2005 Posted From: 68.43.81.191 |
These people are way too young to retire. I'll bet most of them will get new jobs, it's not like they can live the rest of their lives on a $70,000-$140,000 buyout. And let's face it, their pensions might not be there in 20 years, and even if it is, it might be slashed in half or they could lose their health care benefits. The smart ones will be finding another job and saving every cent for their true retirement years. | ||
Dillpicklesoup Member Username: Dillpicklesoup Post Number: 90 Registered: 05-2006 Posted From: 64.7.187.32 |
good luck selling your houses- and good luck finding a job making what you made at gm- and if you didn't get health insurance for the rest of your life- it ain't cheap- | ||
Trainman Member Username: Trainman Post Number: 82 Registered: 04-2006 Posted From: 64.12.116.204 |
It's time for the SMART public transit workers to take a buy out next August 8, 2006 because the state won't pay them and it is best to vote NO to get the mass transit leadership Michigan deserves by restoring all state transit funds and getting the industry supports we need for public mass transit. Dick DeVos' won't do this but you can by voting NO to defeat this regressive tax. | ||
Bvos Member Username: Bvos Post Number: 1633 Registered: 10-2003 Posted From: 70.228.2.1 |
Moderator!!!!! | ||
Huggybear Member Username: Huggybear Post Number: 240 Registered: 08-2005 Posted From: 68.79.117.92 |
Jackass. | ||
Pdtpuck Member Username: Pdtpuck Post Number: 74 Registered: 01-2006 Posted From: 208.251.168.194 |
whats the possibility of them being re-hired? A guy I know took a buy-out from the SAME railroad THREE times!!! probably not, eh? different industries, different economic issues facing each.....just curious! |
