This isn't a government job. I don't know where you work, but most companies I know of don't have pensions

Mar 21, 2017
3:01:22pm

jdub All-American

You pay into your own 401K, and that's your retirement. When I retire, if I hadn't put anything away, I would get zero from my company, except whatever the current equivalent of a gold watch is.

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jdub

Bio page: jdub
Joined: May 13, 2004
Last login: Jun 7, 2024
Total posts: 77,279 (17,360 FO)

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Messages

Author

Time

Thoughts about my father-in-law's work situation right now.

jdub All-American

3/21/17 1:38pm

He should keep a log of everything in preparation for a potential ageism lawsuit

OneUpper

3/21/17 1:39pm

Or quit being selfish and retire. The company doesn't want to pay an old guy a bunch of money when they could get

Thunder Buddy

3/21/17 1:41pm

Who's being selfish, the FIL or the company? Age is going to give you a

rmsenior

3/21/17 1:59pm

Agreed. If these kids knew half of what they think they know...

OneUpper

3/21/17 2:00pm

I think TB was being TIC. But, if it wasn't, my FIL knows the current project better than anybody

jdub

3/21/17 2:04pm

The old guy is being selfish, imo. He knows they want him to retire, but he refuses and from the sounds of it

Thunder Buddy

3/21/17 2:07pm

Why should he quit if he enjoys the work, is capable and competent and knows the

rmsenior

3/21/17 2:15pm

Ah, so I gave you the benefit of a doubt that I shouldn't have.

jdub

3/21/17 2:21pm

But I don't think you know the exact reasons the employers want to go

Cougarfan777

3/21/17 2:24pm

No, I don't know their reasoning. And I certainly am painting this from my FILs perspective

jdub

3/21/17 2:35pm

This is why at 65 the employee needs to be proactive in his or her discussions

Cougarfan777

3/21/17 2:47pm

Maybe they HAVE found something slipping. But the recent good reviews argue otherwise.

jdub

3/21/17 3:02pm

My guess is old employees cost companies higher insurance rates

Busiturtle

3/21/17 3:28pm

That's part of it, I'm sure. But, again, it's not professional behavior to try to get a guy to quit

jdub

3/21/17 4:10pm

So going to work and earning your pay is taking advantage of the system?

calcio

3/21/17 2:36pm

Yep, that's what he said. How selfish can you be, thinking you should be paid for your time and experience.

jdub

3/21/17 2:41pm

I've obviously stuck a cord and I apologize. My point is that it sounds like they are ready to part ways, he knows it,

Thunder Buddy

3/21/17 2:46pm

yeah, because your point is ridiculous. good grief. he's not causing problems.

Kerbouchard

3/21/17 3:07pm

Your assumptions are ludicrous

CougarThug

3/21/17 3:27pm

Sounds like he is doing what makes him happy....his job.

CougsBeatU

3/21/17 4:02pm

yeah, so selfish fir him to want his house paid off before he retires. Where do

Kerbouchard

3/21/17 3:03pm

I hate to be the "fatherly" type, but you ought to consider the role of Karma

Division Bell

3/21/17 3:36pm

Document everything as it happens. Freelance to get his home paid off sooner.

My Soapbox

3/21/17 1:41pm

He should document the crap out of everything he does. This includes:

PhilPete

3/21/17 1:44pm

He should start looking elsewhere. It will likely only get worse from here on out.

NottherealJWill

3/21/17 1:58pm

Getting a new programming job as 65 year old is kind of tough to do.

jdub

3/21/17 2:05pm

Good point. Getting anything decent at 65

bluegato

3/21/17 3:17pm

What can he do? He doesn't own the company. They want to move on..

Cougarfan777

3/21/17 2:18pm

The point, however, is that their methods are not the way to do this. You don't make work a nightmare

jdub

3/21/17 2:39pm

he could ask for a buy out

Nat Gas Man

3/21/17 2:20pm

This is what I was thinking. Time for a golden handshake.

holipuluki

3/21/17 2:27pm

Reported.

Thunder Buddy

3/21/17 2:30pm

It's not uncommon for a manager to ask a question about retirement plans

Hang10

3/21/17 2:37pm

Mainframe/COBOL programmer? If so he should head out on the open market.

Cachanilla83

3/21/17 2:38pm

If he's been there 20 years and is as good as you say he is...

truecoug1

3/21/17 2:43pm

It's not a huge office. Yes, he SHOULD have respect for his work history, and the reviews are proof that he DID

jdub

3/21/17 2:52pm

At 65 with 20 yrs with the company doesn't he qualify to retire with some sort

Y_99

3/21/17 2:55pm

This isn't a government job. I don't know where you work, but most companies I know of don't have pensions

jdub

3/21/17 3:01pm

If I only understood this back when starting my career, I would have been

LV Mike

3/21/17 5:11pm

you mean a pension? haha, that's a good one!

Kerbouchard

3/21/17 3:09pm

That further proves my point. His boss is the owner?

truecoug1

3/21/17 3:09pm

Even if they have to fire him the employee can come up with all kinds of

Cougarfan777

3/21/17 4:48pm

If he's in Utah, it's a no-cause state. You can fire with no cause

truecoug1

3/21/17 5:04pm

I'm the same age and want to work longer. My employer seems good with it.

Florwood

3/21/17 3:06pm

When does he qualify for full SS? I assume at 65....he could then do freelance

Nat Gas Man

3/21/17 3:08pm

I think it is now 67.

jdub

3/21/17 3:21pm

not for someone that was born in 1954 or before

Nat Gas Man

3/21/17 3:58pm

Full social doesn't kick in now until 66.

bluegato

3/23/17 12:49pm

He should ask them why they are making things miserable for him.

NJBYUFan

3/21/17 4:13pm

I had similar issue though she wasn't part of it, least as far as I know of.

NotOfYourFaithBYUFAN

6/1/17 2:29am

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